English → Hindi dictionary

chattel mortgage

चट्टल मॉर्गेज / कैटलNoun

जंगम संपत्‍ति बंधक

Definition

a loan to buy some personal item; the item (or chattel) is security for the loan

Examples

केवल मेरे मशीन उपकरण पर जंगम संपत्‍ति बंधक है।

Only there's a chattel mortgage on my machine equipment.

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