mortgage of goods

mortgage of goods
A chattel mortgage, a mortgage of personal property.

Ballentine's law dictionary. . 1998.

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  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • Mortgage elimination — is the term commonly used to describe a type of mortgage fraud in the United States. In this scam, the promoter first convinces a mortgage holder (lender) that the debt that has been contracted is invalid or legally unenforceable, usually due to… …   Wikipedia

  • mortgage debenture — Debenture De*ben ture (?; 135), n. [L. debentur they are due, fr. debere to owe; cf. F. debentur. So called because these receipts began with the words Debentur mihi.] 1. A writing acknowledging a debt; a writing or certificate signed by a public …   The Collaborative International Dictionary of English

  • bulk mortgage — Literally, a chattel mortgage on property in bulk, that is, articles, goods, or merchandise in a job lot, not counted, measured, or listed by specific articles, but described merely in the terms of the building or container which holds the… …   Ballentine's law dictionary

  • Chattel mortgage — Chattel Chat tel, n. [OF. chatel; another form of catel. See {Cattle}.] (Law) Any item of movable or immovable property except the freehold, or the things which are parcel of it. It is a more extensive term than goods or effects. [1913 Webster]… …   The Collaborative International Dictionary of English

  • Social mortgage — is a term used in Catholic social teaching. According to this body of thought, the social mortgage is the conditions under which humanity is allowed to use the goods of the world, which are viewed as part of God s creation. Use of the world s… …   Wikipedia

  • bill of sale — 1) A document by which a person transfers the ownership of goods to another. Commonly the goods are transferred conditionally, as security for a debt, and a conditional bill of sale is thus a mortgage of goods. The mortgagor has a right to redeem …   Accounting dictionary

  • bill of sale — 1) A document by which a person transfers the ownership of goods to another. Commonly the goods are transferred conditionally, as security for a debt, and a conditional bill of sale is thus a mortgage of goods. The mortgagor has a right to redeem …   Big dictionary of business and management

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

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