personal chattel

Found in Anh - Anh (Wordnet)

Definition Noun : * Personal chattel : A legal term for any tangible, movable item of property that is owned by a person. It refers to physical possessions that are not permanently attached to land or buildings. This category excludes real estate (real property) and intangible assets like stocks or copyrights. Usage The term "personal chattel" is primarily used in formal, legal, and financial c...