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Tennessee · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Tenn. Code Ann. § 47-2-103: Definitions and index of definitions

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Where this section sits in the code
  1. TN Code
  2. Title 47
  3. Chapter 2

(1) In this chapter unless the context otherwise requires: (a) "Buyer" means a person who buys or contracts to buy goods. (b) "Good faith" in the case of a merchant means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade. (c) "Receipt" of goods means taking physical possession of them. (d) "Seller" means a person who sells or contracts to sell goods. (2) Other definitions applying to this chapter or to specified parts thereof, and the sections in which they appear are: "Acceptance." § 47-2-606 . "Banker's credit." § 47-2-325 . "Between merchants." § 47-2-104 . "Cancellation." § 47-2-106(4) . "Commercial unit." § 47-2-105 . "Confirmed credit." § 47-2-325 . "Conforming to contract." § 47-2-106 . "Contract for sale." § 47-2-106 . "Cover." § 47-2-712 . "Entrusting." § 47-2-403 . "Financing agency." § 47-2-104 . "Future goods." § 47-2-105 . "Goods." § 47-2-105 . "Identification." § 47-2-501 . "Installment contract." § 47-2-612 . "Letter of credit." § 47-2-325 . "Lot." § 47-2-105 . "Merchant." § 47-2-104 . "Overseas." § 47-2-323 . "Person in position of seller." § 47-2-707 . "Present sale." § 47-2-106 . "Sale." § 47-2-106 . "Sale on approval." § 47-2-326 . "Sale or return." § 47-2-326 . "Termination." § 47-2-106 . (3) "Control" as provided in § 47-7-106 and the following definitions in other chapters apply to this chapter: "Check." § 47-3-104 . "Consignee." § 47-7-102 . "Consignor." § 47-7-102 . "Consumer goods." § 47-9-102 . "Dishonor." § 47-3-502 . "Draft." § 47-3-104 . (4) In addition chapter 1 of this title contains general definitions and principles of construction and interpretation applicable throughout this chapter. Acts 1963, ch. 81, § 1 (2-103); Acts 2000, ch. 846, § 4; 2008 , ch. 814, § 3.

(1) In this chapter unless the context otherwise requires: (a) "Buyer" means a person who buys or contracts to buy goods. (b) "Good faith" in the case of a merchant means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade. (c) "Receipt" of goods means taking physical possession of them. (d) "Seller" means a person who sells or contracts to sell goods.

(a) "Buyer" means a person who buys or contracts to buy goods.

(b) "Good faith" in the case of a merchant means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade.

(c) "Receipt" of goods means taking physical possession of them.

(d) "Seller" means a person who sells or contracts to sell goods.

(2) Other definitions applying to this chapter or to specified parts thereof, and the sections in which they appear are: "Acceptance." § 47-2-606 . "Banker's credit." § 47-2-325 . "Between merchants." § 47-2-104 . "Cancellation." § 47-2-106(4) . "Commercial unit." § 47-2-105 . "Confirmed credit." § 47-2-325 . "Conforming to contract." § 47-2-106 . "Contract for sale." § 47-2-106 . "Cover." § 47-2-712 . "Entrusting." § 47-2-403 . "Financing agency." § 47-2-104 . "Future goods." § 47-2-105 . "Goods." § 47-2-105 . "Identification." § 47-2-501 . "Installment contract." § 47-2-612 . "Letter of credit." § 47-2-325 . "Lot." § 47-2-105 . "Merchant." § 47-2-104 . "Overseas." § 47-2-323 . "Person in position of seller." § 47-2-707 . "Present sale." § 47-2-106 . "Sale." § 47-2-106 . "Sale on approval." § 47-2-326 . "Sale or return." § 47-2-326 . "Termination." § 47-2-106 .

"Acceptance." § 47-2-606 .

"Banker's credit." § 47-2-325 .

"Between merchants." § 47-2-104 .

"Cancellation." § 47-2-106(4) .

"Commercial unit." § 47-2-105 .

"Confirmed credit." § 47-2-325 .

"Conforming to contract." § 47-2-106 .

"Contract for sale." § 47-2-106 .

"Cover." § 47-2-712 .

"Entrusting." § 47-2-403 .

"Financing agency." § 47-2-104 .

"Future goods." § 47-2-105 .

"Goods." § 47-2-105 .

"Identification." § 47-2-501 .

"Installment contract." § 47-2-612 .

"Letter of credit." § 47-2-325 .

"Lot." § 47-2-105 .

"Merchant." § 47-2-104 .

"Overseas." § 47-2-323

ed credit." § 47-2-325 .

"Conforming to contract." § 47-2-106 .

"Contract for sale." § 47-2-106 .

"Cover." § 47-2-712 .

"Entrusting." § 47-2-403 .

"Financing agency." § 47-2-104 .

"Future goods." § 47-2-105 .

"Goods." § 47-2-105 .

"Identification." § 47-2-501 .

"Installment contract." § 47-2-612 .

"Letter of credit." § 47-2-325 .

"Lot." § 47-2-105 .

"Merchant." § 47-2-104 .

"Overseas." § 47-2-323 .

"Person in position of seller." § 47-2-707 .

"Present sale." § 47-2-106 .

"Sale." § 47-2-106 .

"Sale on approval." § 47-2-326 .

"Sale or return." § 47-2-326 .

"Termination." § 47-2-106 .

(3) "Control" as provided in § 47-7-106 and the following definitions in other chapters apply to this chapter: "Check." § 47-3-104 . "Consignee." § 47-7-102 . "Consignor." § 47-7-102 . "Consumer goods." § 47-9-102 . "Dishonor." § 47-3-502 . "Draft." § 47-3-104 .

"Check." § 47-3-104 .

"Consignee." § 47-7-102 .

"Consignor." § 47-7-102 .

"Consumer goods." § 47-9-102 .

"Dishonor." § 47-3-502 .

"Draft." § 47-3-104 .

(4) In addition chapter 1 of this title contains general definitions and principles of construction and interpretation applicable throughout this chapter.

Collected 2026-09-14T18:32:26Z. Source file · JSON

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