Uniform Commercial Code
n.
A compilation of laws governing commercial transactions, including the sale of goods, commercial paper, banking, and secured transactions.
abbrv.
UCC

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


Uniform Commercial Code
a code of rules, proposed in the 1950s, adopted by almost all the states in the USA, albeit with variations. It applies to almost all sales of goods.

Collins dictionary of law. . 2001.


Uniform Commercial Code
A set of laws that govern commercial transactions (such as sales, warranties, negotiable instruments, loans secured by personal property, and other commercial matters) that has been adopted in some form in every state.
Category: Business, LLCs & Corporations

Nolo’s Plain-English Law Dictionary. . 2009.

Uniform Commercial Code
Uniform Commercial Code (UCC)
USA
Legislation adopted by all states that codifies certain laws dealing with commercial transactions. In connection with loan transactions, counsel is primarily concerned with Article 8 (Investment Securities) and Article 9 (Secured Transactions). Article 9 of the Uniform Commercial Code governs transactions that involve the transfer of an interest in personal property or fixtures of a debtor as security for an obligation.
For further information, see Practice Note, UCC: Creation, Perfection and Priority of Security Interests. (www.practicallaw.com/6-381-0551)
Related terms

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


Uniform Commercial Code
n. A law governing the sale of goods, commodities, and bank transactions. With some modifications, this law has been adopted by all 50 states and in the District of Columbia and the U.S. Virgin Islands.

Webster's New World Law Dictionary. . 2000.


Uniform Commercial Code
A general and inclusive group of laws adopted, at least partially, by all the states to further uniformity and fair dealing in business and commercial transactions.

Dictionary from West's Encyclopedia of American Law. 2005.


Uniform Commercial Code
I
A general and inclusive group of laws adopted, at least partially, by all the states to further uniformity and fair dealing in business and commercial transactions.
II (U.C.C.) A uniform law governing commercial transactions. The U.C.C. has been adopted by all states except Louisiana.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Uniform Commercial Code
n.
   a set of statutes governing the conduct of business, sales, warranties, negotiable instruments, loans secured by personal property and other commercial matters, which has been adopted with minor variations by all states except Louisiana.
   See also: UCC-1

Law dictionary. . 2013.

Look at other dictionaries:

  • Uniform Commercial Code — ( UCC) A compilation of laws relating to commercial contracts involving personal property. The code does not address real property. In addition, a few types of personal property are also excluded. While the UCC has been adopted by all 50 states,… …   Financial and business terms

  • Uniform Commercial Code — n. a codification of commercial laws designed to provide uniformity among the states * * * …   Universalium

  • Uniform Commercial Code — n. a codification of commercial laws designed to provide uniformity among the states …   English World dictionary

  • Uniform Commercial Code — The Uniform Commercial Code (UCC or the Code) is one of a number of uniform acts that have been promulgated in conjunction with efforts to harmonize the law of sales and other commercial transactions in all 50 states within the United States of… …   Wikipedia

  • Uniform Commercial Code — A standard set of business laws that regulate financial contracts. The Uniform Commercial Code has been adopted by most states in the U.S. The code itself has nine separate articles. Each article deals with separate aspects of banking and loans.… …   Investment dictionary

  • Uniform Commercial Code — Der Uniform Commercial Code (UCC) (deutsch etwa: Einheitliches Handelsgesetzbuch) ist ein für das ganze Gebiet der Vereinigten Staaten von Amerika geltendes, vereinheitliches Handelsrecht. Mit der Ausarbeitung wurde Anfang der 1940er Jahre durch… …   Deutsch Wikipedia

  • Uniform Commercial Code — See Commercial Code …   Ballentine's law dictionary

  • Uniform Commercial Code — One of the Uniform Laws drafted by the National Conference of Commissioners on Uniform State Laws and the American Law Institute governing commercial transactions (including sales and leasing of goods, transfer of funds, commercial paper, bank… …   Black's law dictionary

  • Uniform Commercial Code — (UCC)    One of several uniform laws drafted by the National Conference of Commissioners of Uniform State Laws. It covers a wide range of commercial transactions and has been adopted, at least in part, by all states. See UCC 1 …   Business law dictionary

  • uniform commercial code — In the USA, a legal code that standardizes business law. It consists of regulations on commercial paper, uncertified cheques, security agreements, written agency agreements, and bankruptcy, among other matters …   Accounting dictionary

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