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commercial code

noun

  1. a telegraphic code designed to convey a message with a minimum number of words and thereby reduce toll costs.


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Example Sentences

But across the board, our legal system—the Uniform Commercial Code, which governed Foxtrot’s foreclosure, the bankruptcy, and what comes next—doesn’t look kindly on the claims of the little guy.

From Slate

The bill seeks to amend the Civil and Commercial Code, changing the words “men and women” and “husband and wife” to “individuals” and “marriage partners.”

Karom Polpornklang, a deputy government spokesperson, said the amendment to the Civil and Commercial Code will change the words “men and women” and “husband and wife” to “individuals” and “marriage partners” for same-sex couples to be able to receive the same rights that heterosexual couples receive.

Six other states have passed the Uniform Commercial Code’s update, which requires tangible records of cryptocurrency exchanges so that they can be considered money.

The Republican governor’s bill would prevent a Central Bank Digital Currency, or CBDC, from being accepted as money by changing Florida’s Uniform Commercial Code, according to a press release from the governor’s office.

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