Also Found In . 33. Losses would also be covered if cash were destroyed in a fire. Of or relating to money: a pecuniary loss; pecuniary motives. 44 Whilst in the majority of language versions that term, considered on its own, is capable of bearing a wider meaning than the term ‘fines’, which only refers to pecuniary A gift of money in a will. LEGACY, PECUNIARY, A pecuniary legacy is one of money; pecuniary legacies End of Document. A tax or contribution raised by those that held lands by knight's…, Such a real and substantial interest in specific property as will sustain a contract to…. Causes arising from the withholding of ecclesiastical dues, or the doing or neglecting some act relating to the church, whereby some damage accrues to the plaintiff. TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed. Under trust and estate tax law, the transfer of property to satisfy a pecuniary bequest (i.e., one in which a specific monetary amount rather than specific property is left to a particular heir) is treated as a distribution of the property from the estate to the heir. Pecuniary Damages explained. 2006. pecuniary penalty; pecuniary resource; Look at other dictionaries: pecuniary punishment — fine paid as … In criminal law, the term refers to any monetary or economic gain that serves as an impetus for the commission of an offence. adj. They are awarded by a judge or a jury in a civil court case. Pecuniary Interest means the opportunity, directly or indirectly, to profit or share in any profit derived from a transaction in the subject securities. Get the Non-pecuniary Damages legal definition, cases associated with Non-pecuniary Damages, and legal term concepts defined by real attorneys. 2. Pecuniary value means money, a negotiable instrument, a commercial interest, or anything of value, as defined in section 1.03 of the Revised Code, or any other property or service that has a value in excess of one hundred dollars. What is Pecuniary in the Legal System. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Of or involving money. A pecuniary legacy is usually a general legacy, but may also be specific or demonstrative. ... (Law) law (of an offence) involving a monetary penalty … Burton's Legal Thesaurus. Pecuniary damages. pecuniary: 1 adj relating to or involving money “he received thanks but no pecuniary compensation for his services” Synonyms: monetary 8 – According to Article 99 of the Law against restrictions on competition, ‘[p]ublic contracts are contracts concluded for pecuniary interest, between contracting authorities and undertakings, concerning the provision of services involving supplies, works or services, as well as works concessions and the procedures which result in the award of service contract ’. Law dictionary  pecuniary punishment. In a personable injury suit, the court will award pecuniary damages, which include emergency and medical care. Of or relating to money: a pecuniary loss; pecuniary motives. A punitive measure that the law imposes for the performance of an act that is proscribed, or for the failure to perform a required act. Pecuniary punishment, is one which imposes a fine on a convict; a pecuniary legacy is one which entitles the legatee to receive a sum of money, and not a … Pecuniary definition, of or relating to money: pecuniary difficulties. 3 pages) Ask a question Glossary Compensatory damages. It stated that juries could award "such damages as they shall deem fair and just, with reference to the, However, no such official may participate in discussing or vote on an issue if the following circumstances apply: (1) The official has a direct, New Delhi (India), Dec 18 ( ANI ): Union Ministry of Finance on Tuesday said that six new debt recovery tribunals (DRTs) have been set up in the country and the minimum, In filing the complaint, the Office of the Ombudsman said Ruiz had financial or, You can do port operations online now because the world has gone digital and those asking agencies to be present at the port have their ulterior or, It is worth mentioning that this type of action against the profiteers is of no help or service to the common man and the sum of money thus gathered through, Cynthia and Augustus were charged with one count each of violating Section 3(h) of the Anti-Graft and Corrupt Practices Act, which prohibits officials from having a financial or, Insurable interest may be defined as any lawful and substantial economic interest in the safety or preservation of the subject of the insurance free from loss, destruction, or, Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content, Doubts raised over Labour PCC hopeful; Former police deputy subject of an open investigation, Ex-Albay town mayor found guilty of graft, Family of nurse killed in helicopter accident to receive highest-degree compensation, EVALUATING THE POTENTIAL CONFLICTS OF INTEREST OF MUNICIPAL ELECTED OFFICIALS: A STATUTORY AND CONSTITUTIONAL ANALYSIS, 6 new DRTs have been set up, tweets Finance Ministry, Sandigan affirms Negros mayor's conviction, Stakeholders warn against return of SON, others to ports, Commissioner claim to continue to protect people from the profiteers, Mayor couple in Cebu charged over town's deals with family's bakery, Ownership not required to have an insurable interest: every interest in property where a peril may cause damage to the insured is an insurable interest, PED with or without epilepsy and/or haemolytic anaemia. • Pecuniary Meaning In English (a.) Enrich your vocabulary with … An indirect pecuniary interest generally includes securities held by members of a person’s immediate family sharing the same household (which includes any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, sibling, mother-in-law, father-in-law, son … Pecuniary definition is - consisting of or measured in money. The law is also subject to change from time to time and legal statutes and regulations vary between states. PECUNIARY That which relates to money. See more. For example, consumer courts have different pecuniary jurisdictions. Monetary; relating to money; consisting of money. Pecuniary damages are economic, out-of-pocket losses suffered by a person as a result of another person’s illegal conduct. 3 pages) Ask a question Glossary Pecuniary legacy. ecclesiastical dues, or the doing or omitting such acts relating to the Pecuniary damages are economic, out-of-pocket losses suffered by a person as a result of another person’s illegal conduct. Damages awarded in respect of the actual losses suffered by the claimant. pecuniary meaning: 1. relating to money: 2. relating to money: 3. relating to money: . They can be measured in financial terms, and they’re included in most civil lawsuits. Also known as substantial damages. Pecuniary jurisdiction sets the pecuniary limits on the jurisdiction of a court. Also Found In . 3 pages) Ask a question Glossary Pecuniary legacy. Definition of Pecuniary Pecuniary meaning or descrpition: of monetary value (Source of this concept of Pecuniary: emp.ca/books/318-5) A personal, joint, or corporate monetary obligation to make good any lost, damaged, or destroyed property resulting from fault or neglect. A pecuniary loss is a loss that can be measured in numbers, meaning the court can tally up receipts to calculate the compensation the claimant deserves. money, and not a specific chattel. Pecuniary losses count for both the losses to the victim and the losses to the victim’s family. A generally accepted medium for the exchange of goods and services, for measuring value, or for making payments. Legal definition for PECUNIARY: That which relates to money. Leg. © Copyright 1995 - 2015 TheLaw.com LLC. Within the category of compensatory damages, sometimes called consequential damages, there are two subcategories: pecuniary damages and non-pecuniary damages. Synonyms: Monetary, Trending Words in News: Pecuniary The word Pecuniary is tredning recently in news and blogs with following headlines:-Overcoming The Pecuniary Conundrum In Consumer Cases - Live Law-When Dicta Runs Amok: Untangling PJI 2:320 | New York Law Journal - Law… That which relates to money. Monetary; relating to money; financial; consisting of money or that which can be valued in money. Pecuniary interest in any class of equity securities mean “the opportunity, directly or indirectly, to profit or share in any profit derived from a transaction in the subject securities.” (17 CFR 240.16a-1) Legal Definition list. See CONSIDERATION. Pecuniary damages are damages that can be definitively ascertained and carry a quantifiable monetary value. End of Document. Pecuniary losses cover the financial loss of not just the injured but their families too. pecuniary loss definition in English dictionary, pecuniary loss meaning, synonyms, see also 'pecuniary advantage',pecuniarily',peculiarly',peculiar'. Whereas pecuniary would indicate a specified amount of money has been set by the existing law relating to the offense. pecuniary gain/loss An accountant may have to calculate past and future pecuniary … Define pecuniary liability. Enrich your vocabulary with the English Definition dictionary Before making any decision or accepting any legal advice, you should have a proper legal consultation with a licensed attorney with whom you have an attorney-client privilege. Losses would also be covered if cash were destroyed in a fire. The definition of Actual pecuniary injury in the law of the United States, as defined by the lexicographer Arthur Leffin his legal dictionaryis: There are occasional statutes which use this phrase, e.g., to allowa new trial to be ordered if the victorious plaintiff is nonetheless … Search in more than 1.500.000 entries. Pecuniary: of or relating to money, banking, or investments. Penalty is a comprehensive term with many different meanings. Define pecuniary. 150, n. PECUNIARY. Bias is usually of three kinds: pecuniary bias, personal bias, bias as to subject matter or policy bias. So, a direct pecuniary interest however small will disqualify a person from acting as a judge. For instance, if money is stolen by robbers during a physical transfer of cash, the loss would be covered. /pakyuwn(i)yariy/ Monetary; relating to money; financial; consisting of money or that which can be valued in money. Related Content. That which relates to money. Pecuniary simply means of or relating to money, so these damages are those where the monetary value is easily discernible. | Meaning, pronunciation, translations and examples Pecuniary insurance reimburses policyholders for monies lost to theft or accident. Pecuniary losses are easy to measure and therefore, are the more common type of financial compensation in a personal injury suit. Pecuniary damages are damages that can be definitively ascertained and carry a quantifiable monetary value. [ 4] T Pecuniary jurisdiction tries to address whether a court of law can try cases and suits of the monetory value/amount of the case or suit in question. index fine. Obtaining pecuniary advantage by deception was formerly a statutory offence in England and Wales and Northern Ireland.It was replaced with the more general offence of fraud by the Fraud Act 2006.The offence still subsists in certain other common law jurisdictions … Law Dictionary – Alternative Legal Definition. (adjective) When you are interested in a job only because of the money, this is an example of a situation where you are driven by pecuniary interests. What does pecuniary mean? Simply put, pecuniary losses are any losses that can be measured in financial terms. Under trust and estate tax law, the transfer of property to satisfy a pecuniary bequest (i.e., one in which a specific monetary amount rather than specific property is left to a particular heir) is treated as a distribution of the property from the estate to the heir. A pecuniary legacy is usually a general legacy, but may also be specific or demonstrative. That which relates to money. William C. Burton. In the ecclesiastical law, by pecuniary Pecuniary Author: Alan Brudner Read related entries on P, su1, PE. Search pecuniary profit and thousands of other words in English definition and synonym dictionary from Reverso. As to pecuniary consideration pecuniary damages pecuniary legacy; see those titles @ pecuniary benefits Benefits that can be… (N. Pecuniary Interest Law and Legal Definition. When you are interested in a job only because of the money, this is an example of a situation where you are driven by pecuniary interests. 88. When someone is injured because of another's negligence, the law allows for damages to be sought by the victim. Pecuniary punishment, is one which imposes a fine on a convict; a pecuniary legacy is one which entitles the legatee to receive a sum of money, and not a specific chattel. A direct pecuniary interest, howsoever small or insignificant, will disqualify a person from acting as a judge. Pecuniary Losses Simply put, pecuniary losses are any losses that can be measured in financial terms. ; as, a direct pecuniary interest in something, meaning their interest can be in! Short form below cash were destroyed in a personal injury suit disqualify a from! 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