UCC Definition

Bookmark and Share

UCC see Uniform Commercial Code.

Learn new Accounting Terms

PAYDOWN is the systematic reduction in principal of a mortgage- or asset-backed security resulting in a series of principal payments, either scheduled or unscheduled.

IMPOSE is to set forth authoritatively as obligatory by rule or by law, e.g. budgetary constraints imposed upon the U.S. Congress.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.