CONSUMER-GOODS TRANSACTION

consumer-goods transaction

glossary / CONSUMER-GOODS TRANSACTION, 消费品交易

consumer-goods transaction 消费品交易一种担保交易〔secured transaction〕，体现在１消费者因个人或家庭用途而负有债务；２消费品上存在担保权益，为该债务的清偿提供了担保。

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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