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Movable Assets

2 Posts
1 Sections
1 Types

January 1, 1 6 min read Definitions

Chattel Mortgage

Chattel Mortgage Personal Property Security Interest Debt Financing Movable Assets Asset-Based Lending

A chattel mortgage involves the pledge of personal, movable property as security for a debt. This arrangement allows borrowers to use specific personal assets to secure financing.

Read more about Chattel Mortgage.

January 1, 1 6 min read Definitions

Personal Property

Personal Property Personalty Movable Assets Real Estate Real Property Non-Real Estate Assets

Personal property, also referred to as personalty, is any asset other than real estate. It includes items that are movable and not affixed to or associated with the land.

Read more about Personal Property.