Examlex
Explain why the prices of farm products are subject to abrupt short-term swings.
Principal
The amount of money that is originally invested or loaned, prior to interest or profit.
Primarily Liable
Refers to the party in a financial transaction or contractual agreement who has the direct responsibility to perform or pay.
Instrument
A formal legal document that records a right, duty, or the execution of a transaction, such as contracts, deeds, and promissory notes.
UCC
Short for Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, including sales, leases, negotiable instruments, and secured transactions.
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