Chattel


Definition of Chattel

Chattel is a term that refers to personal property, but which is movable in nature. Its moveable nature distinguishes it from real property such as lands.



Chattel Explained

Under the common law system, chattels may sometimes be called as personal property, moveables, or moveable property. Chattels simply means any property that a person owns, which can be moved from one place to another, whether inanimate or animate.