Terms Used In New York Laws > Uniform Commercial Code > Article 8 > Part 6 - Transition Provisions For Revised Article 8 and For the Conforming Amendments to Articles 1, 5, 9

• Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
• Contract: A legal written agreement that becomes binding when signed.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Lien: A claim against real or personal property in satisfaction of a debt.
• Plaintiff: The person who files the complaint in a civil lawsuit.
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• this Act: means that chapter of the laws of 1997 which repealed former Article 8 of this code, added this article to this code, and made conforming amendments to provisions of other articles of this code. See N.Y. Uniform Commercial Code 8-601