Meaning UNIFORM COMMERCIAL CODE (UCC): Collection of laws dealing with commercial business
More terms such as Uniform Commercial Code (UCC) in Dictionary U.
- Definition Underinvestment Problem:
- Examples The mirror image of the asset substitution problem, in that stockholders refuse to invest in low-risk assets to avoid shifting wealth from themselves to debtholders uniform commercial code (ucc) definition.
- Definition Ultra Vires Activities:
- Examples Corporate actions and operations that are not sanctioned by corporate charter, sometimes leading to shareholder lawsuits uniform commercial code (ucc) explain.
- Definition Unlisted Trading:
- Examples Trading in unlisted securities that occurs on an organized exchange to accommodate members. This practice is not permitted at the NYSE uniform commercial code (ucc) what is.
- Definition Underlying Security:
- Examples security that is subject to purchase or sold upon exercise of an option contract. For example, IBM stock is the underlying security for IBM options. For Depository receipts, the class, series, and uniform commercial code (ucc) meaning.
- Definition Underlying Futures Contract:
- Examples A futures contract that supports an option on that future, which is executed if the option is exercised uniform commercial code (ucc) abbreviation.
