Poor means a deficit or diminished quantity or volume of something. Some suggest that a person who is poor in Spirit, is one who admits not to have sufficient embodiment of The Spirit. That person is therefore not pompous, nor do they take The Spirit for granted.
The Uniform Commercial Code (UCC) is very broad set of statutes that governs various business terms, especially with regards to contracts. For instance, it defines several terms, such as the terms merchant, goods, services, and other business words.
DEFINITION of 'UCC-1 Statement'. One of the standard mortgage documents listed in the Uniform Commercial Code. The UCC-1 Statement lists and describes any personal property that is provided by the borrower as collateral for the loan.