- commercial law
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commercial law n: the legal rules and principles bearing on commercial transactions and business organizations see also uniform commercial code in the important laws section
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- commercial law
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The law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. In recent years this body of law has been codified in the Uniform Commercial Code (UCC), which has been almost universally adopted by the U.S. states.Category: Bankruptcy, Foreclosure & DebtCategory: Business, LLCs & Corporations
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- commercial law
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n. The substantive law concerning the purchase and sale of goods and related matters such as the financing of credit, secured transactions, and negotiable instruments. Most commercial law in the United States is set out in the Uniform Commercial Code.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- commercial law
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A broad concept that describes the substantive law that governs transactions between business entities, with the exception of maritime transportation of goods (regulated by admiralty and maritime law). Commercial law includes all aspects of business, including advertising and marketing, collections and bankruptcy, banking, contracts, negotiable instruments, secured transactions, and trade in general. It covers both domestic and foreign trade; it also regulates trade between states.
Dictionary from West's Encyclopedia of American Law. 2005.
- commercial law
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A broad concept that describes the substantive law that governs transactions between business entities, with the exception of maritime transportation of goods (regulated by admiralty and maritime law). Commercial law includes all aspects of business, including advertising and marketing, collections and bankruptcy, banking, contracts, negotiable instruments, secured transactions, and trade in general. It covers both domestic and foreign trade; it also regulates trade between states.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- commercial law
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n.all the law which applies to the rights, relations and conduct of persons and businesses engaged in commerce, merchandising, trade and sales. In recent years this body of law has been codified in the Uniform Commercial Code, which has been almost universally adopted by the states.See also: Uniform Commercial Code
Law dictionary. EdwART. 2013.