chattel paper

noun

A document that demonstrates both a monetary obligation and a security interest either in certain goods, or in a lease on certain goods

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounchattel paper (plural chattel papers)

plural chattel papers

  1. lawA document that demonstrates both a monetary obligation and a security interest either in certain goods, or in a lease on certain goods

Translations

German Verkehrspapier
  • Verkehrspapierdocument showing both monetary obligation and security interest
Korean 동산저당증권
  • 동산저당증권 (dongsan-jeodang-jeunggwon)document showing both monetary obligation and security interest
Cite this entry
APA

chattel paper. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/chattel%20paper

MLA

“chattel paper.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/chattel%20paper. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “chattel paper,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/chattel%20paper.

Source: chattel paper on Wiktionary, CC BY-SA 4.0.