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chattel mortgage СЪЩ ECON LAW

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chattel mortgage (Sachsicherheit, die sich auf bewegliche Sachen bezieht)

chattel mortgage

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Personal property can often be secured with similar kind of device, variously called a chattel mortgage, trust receipt, or security interest. en.wikipedia.org

Companies and other corporate entities may give chattel mortgages too over any tangible, movable property as security for a debt obligation. en.wikipedia.org

He was ordered to forfeit his home and $14,000 in savings to the state, leaving him with two vehicles and one of them was subjected to a chattel mortgage. www.chinchillanews.com.au

However, under a handful of mixed legal systems, the hypothec was imported as a non-possessory real security over movable property (in opposition to the common-law chattel mortgage). en.wikipedia.org

Under a typical chattel mortgage, the purchaser borrows funds for the purchase of movable personal property (the chattel) from the lender. en.wikipedia.org

In a chattel mortgage, you purchase the business equipment using funds advanced by the financier. www.hospitalitymagazine.com.au

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