Business Studies, asked by Jessey4364, 1 year ago

What is chattel mortgage?

Answers

Answered by gracypandey

Chattel mortgage is a loan extended to an individual or a company on a movable property. Here, the ‘chattel’ or the movable personal property which could be a car or a mobile home can be used as a security to extend the loan.

Previous Question

Next Question

Similar questions

Hindi, 7 months ago

तसल्ली करना इस मुहावरे का अर्थ बताएं...

English, 7 months ago

What type of quadrilateral is it, whose diagonals does not intersect?

Math, 7 months ago

Answer this Miss & Mr report on water points to be included source of water , form of water, water cycle , depletion of water,water management, brainlist award goes to You...

Business Studies, 1 year ago

What is employee engagement?

Business Studies, 1 year ago

What is ambush marketing?

English, 1 year ago

A flock of birds were flying overhead...

English, 1 year ago

Write a letter to the principle grant leave fo brother marriage...

CBSE BOARD X, 1 year ago

How did Mrs. Packletide plan to counter Loona bimberton's adventure...