Source : Webster's Revised Unabridged Dictionary (1913)

Chattel \Chat"tel\, n. [OF. chatel; another form of catel. See
   {Cattle}.] (Law)
   Any item of movable or immovable property except the
   freehold, or the things which are parcel of it. It is a more
   extensive term than goods or effects.

   Note: Chattels are personal or real: personal are such as are
         movable, as goods, plate, money; real are such rights
         in land as are less than a freehold, as leases,
         mortgages, growing corn, etc.

   {Chattel mortgage} (Law), a mortgage on personal property, as
      distinguished from one on real property.

Source : WordNet®

chattel
     n : personal as opposed to real property; any tangible movable
         property (furniture or domestic animals or a car etc)
         [syn: {personal chattel}]