Chattel | Practical Law

Chattel | Practical Law

Chattel

Chattel

Practical Law UK Glossary 5-382-5591 (Approx. 3 pages)

Glossary

Chattel

A thing that a person can possess in physical form; a tangible, moveable asset (for example, a piece of jewellery, a painting or a car and, in some contexts, goods, equipment or machinery). Chattels are sometimes called "choses in possession", to distinguish them from choses in action.
For information about how to transfer ownership of chattels in the context of trust assets, see Practice note, Transferring trust assets: Chattels.