understanding financial jargon
A term used to describe moveable possessions, such as furniture, consumer durables and fittings (but not fixtures). The word Chattels is a corruption of `cattle', from the times when livestock formed the bulk of a household's possessions.
What to do if you need more help
If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.
We hope you found this information useful.
Copyright © Steve Gears Associates. All rights reserved. No portion of this site may be reproduced without written permission. All Trademarks are freely acknowledged.The information on this site is based on UK data unless otherwise indicated. Non-UK visitors should check with experts within their own legal jurisdiction before relying on information presented here.