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chattel mortgage

/ˈtʃætəl ˈmɔːrɡɪdʒ/

翻译: 法律术语,指以动产(如车辆、设备或牲畜等个人财产)作为担保的贷款形式;借款人保留对担保物的占有,但贷款人在债务清偿前保留所有权作为担保。

1 个条目

phrase

/ˈtʃætəl ˈmɔːrɡɪdʒ/C1formallegal
  • zh法律术语,指以动产(如车辆、设备或牲畜等个人财产)作为担保的贷款形式;借款人保留对担保物的占有,但贷款人在债务清偿前保留所有权作为担保。

A legal term referring to a type of loan secured by movable personal property (chattels), such as vehicles, equipment, or livestock, where the borrower retains possession but the lender holds the title as security until the debt is repaid.

  1. Loan secured by movable propertyC1formal

    A type of loan agreement where movable personal property (such as vehicles, equipment, or inventory) is used as collateral to secure the debt.

    zh动产抵押

    • The business took out a chattel mortgage on its delivery trucks to finance expansion.
    • Under a chattel mortgage, the lender holds a security interest in the borrower's movable assets.
    • If the borrower defaults, the lender can repossess the chattel property.