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What does U.C.C. – Article 9 – Secured Transactions mean?

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U.C.C. – Article 9 – Secured Transactions
(UCC-9)
Noun
UCC

The article of the US Uniform Commercial Code (UCC) that governs security interests in a debtor's personal property in order to create and maintain a creditor's interest in that property, it regulating the creation and enforcement of security interests in movable property, intangible property and fixtures.

Synonym(s): 
  • Article 9 of the Uniform Commercial Code; UCC Article 9.
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