1 minus 3/8 = 5/8 7/11 minus 3/11 = 4/11 3(whole) and 4/5 minus 2(whole) and 1/5 = 1 and 3/5 11(whole) and 3/4 minus 3(whole) and 1/5 = 8 and 11/20 6(whole) and 1/2 minus 5 = 1 and 1/2. rocktricia Â· 7 years ago.
From Wikipedia, the free encyclopedia. Chattel mortgage, sometimes abbreviated CM, is the legal term for a type of loan contract used in some states with legal systems derived from English law. Under a typical chattel mortgage, the purchaser borrows funds for the purchase of movable personal property (the chattel) from the lender. The lender then secures the loan with a mortgage over the chattel.
All that stuff in your room? The books, posters, dirty sneakers and all of your other personal belongings? That's what we call chattel. Chattel refers to personal items, as opposed to actual land property. It was once used to describe slaves and cattle, which is why referring to something or someone as chattel isn't very nice â you're essentially saying they're just property, somehow less than human.