consumer goods transaction

consumer-goods transaction. Secured transactions. A transaction in which (1) an individual incurs an obligation primarily for person, family, or household purposes, and (2) a security interest in consumer goods secures the obligation. UCC § 9-102(a)(24). [Cases: Secured Transactions 15. C.J.S. Secured Transactions § 14.]

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词条贡献者

译者Kelly，美国顶尖商学院国际经济法专业，擅长翻译各种与投资基金与基金顾问诉讼相关的法律文件。