UCC

Definition

Uniform Commercial Code. Set of laws regulating commercial transactions, especially ones involving the sale of goods and secured transactions.

Use UCC in a sentence

You need to make sure that you are not doing anything that is not within the laws set forth by the UCC.

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We had to follow the regulations set forth by the UCC because that was the way we did business for years.

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The company had to make sure they were following all of the UCC regulations. They didn't want to be cite during the next audit.

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UBTI UCC-1 Statement