UNIFORM COMMERCIAL CODE

Uniform Commercial Code. A uniform law that governs commercial transactions, including sales of goods, secured transactions, and negotiable instruments. • The Code has been adopted in some form by every state. — Abbr. UCC. [Cases: Bills and Notes 2; Sales 3.1; Secured Transactions 3. C.J.S. Bills and Notes; Letters of Credit§ 4; Sales §§ 3–4; […]