Home > Glossary > Uniform Commercial Code

Meaning / Definition of

Uniform Commercial Code

Categories: Estate Planning, Business and Management, Compliance and Governance, Legal, ,

in the United States, a set of laws governing commercial transactions that has been adopted totally or in part by all 50 states.

Featured term of the day

Definition / Meaning of

Disclosure

Categories: Estate Planning, Real Estate, Patent, Compliance and Governance, Legal, ,

A disclosure document explains how a financial product or offering works. It also details the terms to which you must agree in order to buy it or use it, and, in some cases, the risks you assume in making such a purchase.For example, publicly traded companies must provide all available information that might influence your decision to invest in the stocks or bonds they issue. mutual fund companies are required to disclose the risks and costs associated with buying shares in the fund. Government regulatory agencies, such as the securities and exchange commission (SEC), self-regulating organizations, state securities regulators, and NASD require such disclosures.Similarly, federal and local governments require lenders to explain the costs of credit, and banks to explain the costs of opening and maintaining an account.Despite the consumer benefits, disclosure information isn't always easily accessible. It may be expressed in confusing language, printed in tiny type, or so extensive that consumers choose to ignore it.

Most popular terms

1. Money Supply
2. Act-as-one Provision
3. Employee Retirement Income Security Act Stock Drop Litigation
4. Contract Certainty
5. Self-insured Retention (SIR)
6. Fast Market
7. Filing Basis
8. National Highway Traffic Safety Administration (NHTSA)
9. Brokerage Firm
10. Homeowner's Insurance

Search a term

Keyword:

Browse by alphabet

ABCDEFG
HIJKLMN
OPQRSTU
VWXYZ#

Browse by category

Accounting
Banking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital