Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- COMMERCIAL TORT CLAIM
A claim rising as a result of a tort that (a) does not include damages arising out of a personal injury or death and (b) arises out of the normal course of business from either an individual or organization. A category of personal property collateral defined by the 2001 revisions to Article 9 of the UCC. See tort.Back