Uniform Commercial Code(U.C.C.)

Law

Legal Definition of Uniform Commercial Code 

body of laws developed by a national commission and the American Law Institute to help regularize the law of sales. It has been adopted in part by every state. The code governs sales and leasing, bank deposits and collections, commercial paper and letters of credit, bulk transfers and warehouse receipts, investment securities and secured transactions, and various other commercial transactions.

Learn More about Uniform Commercial Code

Share Uniform Commercial Code

Comments on Uniform Commercial Code

What made you want to look up Uniform Commercial Code? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

a generally accepted meaning of a word

Get Word of the Day daily email!

Test Your Vocabulary

Great Scrabble Words—A Quiz

  • scrabble-tiles-that-read-scrabble-quiz
  • Which of the following Q-without-U words means the number five in cards or dice?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Dictionary Devil

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!