Commercial Code

Private and public laws that regulated how commerce is to be conducted. Commercial codes govern business and commercial transactions and deal with topics including merchant shipping, corporate contracts, and the manufacture and sale of consumer goods.

All 50 states, the District of Columbia and the U.S. Territories have adopted the Uniform Commercial Code (UCC), a unified body of commercial law that addresses sales and commercial transaction within the United States. The Uniform Commercial Code covers primarily those transactions involving personal property and not actual property, such as real estate.

Investment dictionary. . 2012.

Look at other dictionaries:

  • commercial code — A colloquial designation for the body of law known as the Uniform Commercial Code (UCC), which governs the various business transactions that are integral parts of the U.S. system of commerce. The UCC has been adopted in virtually all of the… …   Law dictionary

  • Commercial code — might refer to: Commercial code (law), a set of laws designed to regulate comemrce Commercial code (communications), a code used in telegraph and telex messages. This disambiguation page lists articles associated with the same title. If an …   Wikipedia

  • commercial code — See Uniform Commercial Code …   Black's law dictionary

  • commercial code — noun : a code designed to achieve brevity or economy of words especially in order to save telegraph tolls * * * a telegraphic code designed to convey a message with a minimum number of words and thereby reduce toll costs …   Useful english dictionary

  • commercial code — Any of a number of codes used to reduce the cost of sending cables. However, the international use of Telex and fax has reduced the need for cables and writing in commercial codes …   Big dictionary of business and management

  • Commercial Code — One of the uniform laws; a compilation of principles formulated through the joint efforts of the National Conference of Commissioners on Uniform State Laws and the American Law, Institute dealing with most aspects of commercial transactions. 15… …   Ballentine's law dictionary

  • commercial code — a telegraphic code designed to convey a message with a minimum number of words and thereby reduce toll costs. * * * …   Universalium

  • Commercial code (communications) — In telecommunication, a commercial code is a code once used to save on cablegram costs [1][2]. Telegraph (and telex) companies have always charged based on the length of the message sent and this has not changed since the 19th Century. To this… …   Wikipedia

  • Commercial code (law) — In law, a commercial code is a codification of private law relating to merchants, trade, business entities (especially companies), commercial contracts and other matters such as negotiable instruments. Many civil law legal systems have… …   Wikipedia

  • Uniform Commercial Code — The Uniform Commercial Code (UCC or the Code) is one of a number of uniform acts that have been promulgated in conjunction with efforts to harmonize the law of sales and other commercial transactions in all 50 states within the United States of… …   Wikipedia

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