The Department of Commerce (DOC) is an executive agency of the U.S. government charged with fostering, serving, and promoting economic development and technological advancement in the United States. On February 14, 1903, the U.S. Department...
commercial law
deposit account
A current account, savings account, or other type of bank account at a banking institution that allows account holders to deposit and withdraw money. These are not considered to be accounts under the Uniform Commercial Code, Article 9.
depreciable asset
Depreciable asset is generally an asset used for generating income or profit and has a useful life of more than a year and gradually reduces in value over time. It is a type of physical asset that is capable of depreciation treatment under...
derivative
Derivative is a financial instrument whose value depends on the market value of some underlying asset. The parties to a derivative contract essentially make a bet on the value of the underlying asset. Depending on the change in value for the...
design professional's lien
A design professional’s lien is a type of lien that gives a security interest in property to someone who expends design services in connection with that property. Who qualifies as a design professional depends on the state, but architects,...
dual use item
A dual use item is a commodity (including software, chemicals and technologies) that has both commercial and military or proliferation applications. This term is most often used in the context of the Commerce Control List (CCL) found in...
economic espionage
Economic espionage is the unlawful or clandestine targeting or acquisition of sensitive financial, trade or economic policy information; proprietary economic information; or technological information.
The primary law against...
electronic signature
Under 15 U.S.C. § 7006(5), the term “electronic signature” refers to an “electronic sound, symbol, or process, attached to or logically associated with a contract or other record and executed and adopted by a person with the intent to sign...
endorse
To endorse (or indorsement) is the writing of one’s name on part of an instrument as an authentication or transfer of an interest. Nowadays, the term endorsement is used to describe a writing anywhere on a negotiable instrument, contract,...
endorsement
An endorsement (or indorsement) is the writing of one’s name on the back of an instrument as an authentication or transfer of an interest. Nowadays, the term endorsement is used to describe a writing anywhere on a negotiable instrument,...