Related Content. ... (Law) law (of an offence) involving a monetary penalty … Pecuniary damages are economic, out-of-pocket losses suffered by a person as a result of another person’s illegal conduct. are most usually general legacies, but there may be a specific pecuniary Of or relating to money: a pecuniary loss; pecuniary motives. Pecuniary damages are damages that can be definitively ascertained and carry a quantifiable monetary value. Pecuniary losses are easy to measure and therefore, are the more common type of financial compensation in a personal injury suit. Pecuniary insurance reimburses policyholders for monies lost to theft or accident. Monetary; relating to money; consisting of money. The definition of pecuniary is something related to money. 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. 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 … The rule against bias (nemo iudex in … 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. Pecuniary legacy Practical Law UK Glossary 8-500-2599 (Approx. LEGACY, PECUNIARY, A pecuniary legacy is one of money; pecuniary legacies Define pecuniary. The lack of automatic protection needs to be thought through and, if necessary, specifically provided for in the empowering legislation. Related Content. In England A pecuniary loss is a loss of money, or of something by which money, or something of money value, may be acquired. Definition of Pecuniary Pecuniary meaning or descrpition: of monetary value (Source of this concept of Pecuniary: emp.ca/books/318-5) Pecuniary jurisdiction: Pecuniary means ‘related to money’. In a personable injury suit, the court will award pecuniary damages, which include emergency and medical care. Pecuniary Interest Law and Legal Definition. The Ontario Court of Appeal published this effort at explaining non-pecuniary damages in McIntyre v.Docherty: "Pecuniary damages are generally assessed on the basis of calculable losses for items such as the plaintiff's prospective loss of earnings and profits and costs of future care, as well as other expenses. Pecuniary losses count for both the losses to the victim and the losses to the victim’s family. Pecuniary jurisdiction sets the pecuniary limits on the jurisdiction of a court. 2. This type of an award is a category of special damages and is distinct from other types of monetary awards that may be available in the same court case, such as general damages. In England these causes are cognizable in the ecclesiastical courts. Pecuniary legacy Practical Law UK Glossary 8-500-2599 (Approx. What do you need to know about law? pecuniary: 1 adj relating to or involving money “he received thanks but no pecuniary compensation for his services” Synonyms: monetary Penalty is a comprehensive term with many different meanings. Losses would also be covered if cash were destroyed in a fire. 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. 1. © Copyright 1995 - 2015 TheLaw.com LLC. Pecuniary Bias; There is a presumption that any direct financial interest howsoever small in the matter in dispute disqualifies person from adjudicating. 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…. adj. 3 Bl. Pecuniary Author: Alan Brudner Read related entries on P, su1, PE. For instance, if money is stolen by robbers during a physical transfer of cash, the loss would be covered. What does pecuniary mean? Law Dictionary – Alternative Legal Definition. Pecuniary in Historical Law . The most common pecuniary losses, otherwise known as financial losses, are are lost wages, future lost wages, medical bills or any costs associated with damages that occurred during the incident. Practical Law UK Glossary 7-107-5958 (Approx. Burton's Legal Thesaurus. | Meaning, pronunciation, translations and examples Pecuniary insurance reimburses policyholders for monies lost to theft or accident. The literal definition of the word pecuniary is “relating to money.” When we discuss pecuniary damages or losses in a personal injury case, we are talking about those damages that we can quantify in financial terms. Browse or run a search for Pecuniary in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law. A gift of money in a will. Usually you can prove pecuniary losses by producing the receipt, an account or a statement. 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 losses generally include the gains prevented by the breach of contract or tort, expenses caused by the breach of contract or tort and expenses rendered futile by the breach of contract or tort. The people providing legal help and who respond are volunteers who may not be lawyers, legal professionals or have any legal training or experience. 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… From Longman Business Dictionary pecuniary pe‧cu‧ni‧a‧ry / pɪˈkjuːniəri-nieri / adjective LAW connected with or consisting of money He did not cause the company to suffer any pecuniary loss. Pecuniary: of or relating to money, banking, or investments. A gift of money in a will. Pecuniary penalties are civil remedies imposed by the courts, so it cannot be assumed that the protections of the criminal law will apply. In the ecclesiastical law, by pecuniary causes is understood such causes as arise either from the withholding ecclesiastical dues, or the doing or omitting such acts relating to the church, in consequence of which damage accrues to the plaintiff. In English ecclesiastical practice. pecuniary loss definition in English dictionary, pecuniary loss meaning, synonyms, see also 'pecuniary advantage',pecuniarily',peculiarly',peculiar'. Pecuniary Law and Legal Definition Pecuniary refers to a something related to money, such as a monetary interest or award. Some examples of pecuniary damages include: Medical Costs, which may include ambulance bills, … Get the Pecuniary Damages legal definition, cases associated with Pecuniary Damages, and legal term concepts defined by real attorneys. Origin pecuniary (1500-1600) Latin pecuniarius, from pecunia “ money, wealth in cattle ”, from pecus “ cattle ” Pecuniary bias. Within the category of compensatory damages, sometimes called consequential damages, there are two subcategories: pecuniary damages and non-pecuniary damages. Law dictionary  pecuniary punishment. Pecuniary is defined as something related to money or that can be valued in money. Requiring payment of money: a pecuniary offense. Also Found In . Pecuniary definition, of or relating to money: pecuniary difficulties. Pecuniary damages are economic, out-of-pocket losses suffered by a person as a result of another person’s illegal conduct. 2006. pecuniary penalty; pecuniary resource; Look at other dictionaries: pecuniary punishment — fine paid as … Add or request a definition by filling out the short form below! You might be interested in the historical meaning of this term. 2. Define pecuniary. Because it is easy to measure, this is the more common form of compensation paid for loss in a personal injury law suit. See “DAMAGES. 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. 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 gain/loss An accountant may have to calculate past and future pecuniary … Pecuniary Damages explained. PECUNIARY That which relates to money. Frequently used as a variation of the slang term dirty money or money earned…, To promise to compensate a party monetarily in the event of a loss of or…, In feudal law. Pecuniary punishment, is one which imposes a fine on a convict; a 3 pages) Ask a question Glossary Compensatory damages. A direct pecuniary interest, howsoever small or insignificant, will disqualify a person from acting as a judge. Pecuniary definition: Pecuniary means concerning or involving money. Share this on WhatsApp. /pakyuwn(i)yariy/ Monetary; relating to money; financial; consisting of money or that which can be valued in money. Losses would also be covered if cash were destroyed in a fire. A personal, joint, or corporate monetary obligation to make good any lost, damaged, or destroyed property resulting from fault or neglect. Violation of a certain ordinance or statute … 2. • Pecuniary Meaning In English (a.) [ 3] B Bias is an operative prejudice, whether conscious or unconscious, as a result of some preconceived opinion or predisposition, in relation to a party or an issue. Pecuniary legacy. Pecuniary Law and Legal Definition Pecuniary refers to a something related to money, such as a monetary interest or award. 150, n. PECUNIARY. End of Document. For instance, if money is stolen by robbers during a physical transfer of cash, the loss would be covered. pecuniary synonyms, pecuniary pronunciation, pecuniary translation, English dictionary definition of pecuniary. Of or involving money. (N. In England these … Pecuniary literally means 'related to money'. As to pecuniary consideration pecuniary damages pecuniary legacy; see those titles @ pecuniary benefits Benefits that can be… ecclesiastical dues, or the doing or omitting such acts relating to the What is Pecuniary in the Legal System. he received thanks but no pecuniary compensation for his services" Pecuniary comes from Latin pecuniarius, "of money, pecuniary," from pecunia, "property in cattle, hence money," from pecu, "livestock, one's flocks and herds." How to use pecuniary in a sentence. Of or relating to money: a pecuniary loss; pecuniary motives. pecuniary meaning: 1. relating to money: 2. relating to money: 3. relating to money: . Pecuniary loss. Pecuniary definition is - consisting of or measured in money. Pecuniary is defined as something related to money or that can be valued in money. Many economists consider the amount of money and growth in the amount of money in an economy very influential in determining interest rates, inflation, and the level of economic activity. People can have a pecuniary interest in something, meaning their interest can be measured in dollars. 2. church, in consequence of which damage accrues to the plaintiff. Pecuniary simply means of or relating to money, so these damages are those where the monetary value is easily discernible. Pecuniary losses are easy to measure and therefore, are the more common type of financial compensation in a personal injury suit. In criminal law, the term refers to any monetary or economic gain that serves as an impetus for the commission of an offence. All information available on our site is available on an "AS-IS" basis. Pecuniary gain refers to a gain of monetary value. Non-pecuniary Damages explained. 3 pages) Ask a question Glossary Pecuniary legacy. Pecuniary losses may include involving a money penalty or fine. That which relates to money. (adsbygoogle = window.adsbygoogle || []).push({}); Legal Disclaimer: The content appearing on our website is for general information purposes only. Non-pecuniary losses generally include pain and suffering and loss of amenity and mental distress. Define pecuniary liability. he received thanks but no pecuniary compensation for his services" Pecuniary comes from Latin pecuniarius, "of money, pecuniary," from pecunia, "property in cattle, hence money," from pecu, "livestock, one's flocks and herds." 3 pages) Ask a question Glossary Pecuniary legacy. Relating to money; monetary; as, a pecuniary penalty; a pecuniary reward. William C. Burton. 2. Enrich your vocabulary with the English Definition dictionary They are awarded by a judge or a jury in a civil court case. Also known as substantial damages. relating to money, as in "pecuniary loss.". This type of an award is a category of special damages and is distinct from other types of monetary awards that may be available in the same court case, such as general damages. pecuniary: 1 adj relating to or involving money “he received thanks but no pecuniary compensation for his services” Synonyms: monetary Search pecuniary profit and thousands of other words in English definition and synonym dictionary from Reverso. 88. Common Law has used the expression natural justice to refer to two distinct presumptions of interpretation; the audi alteram partem rule and the rules against the ‘appearance of bias’ which includes pecuniary bias. 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 Did You Know? For purposes of New York and New Jersey State ethics rules, please take notice that this website and its case reviews may constitute attorney advertising. Simply put, pecuniary losses are any losses that can be measured in financial terms. money, and not a specific chattel. https://legal-dictionary.thefreedictionary.com/pecuniary, (5) To the extent ESG spending is profit-driven or, Ceriola further did not deny the fact that he had financial or, After convening a meeting over the case with aviation experts on Wednesday afternoon, MCS officials agreed to offer the highest degree of, In 1848, Michigan enacted the "death act." Bias is usually of three kinds: pecuniary bias, personal bias, bias as to subject matter or policy bias. pecuniary synonyms, pecuniary pronunciation, pecuniary translation, English dictionary definition of pecuniary. 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. In the ecclesiastical law, by pecuniary causes is understood such causes as arise either from the withholding ecclesiastical dues, or the doing or omitting such acts relating to the church, in consequence of which damage accrues to the plaintiff. 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. Pecuniary Losses Simply put, pecuniary losses are any losses that can be measured in financial terms. 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. They are awarded by a judge or a jury in a civil court case. Study Aids. Pecuniary damages are damages that can be definitively ascertained and carry a quantifiable monetary value. legacy; for example, of the money in a certain bag. It is possible that the law may not apply to you and may have changed from the time a post was made. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. Pecuniary consideration. pecuniary advantage/benefit/interest Prosecution lawyers argued that the Chairman had a pecuniary interest in the deal. consisting of or given or exacted in money or monetary payments: pecuniary tributes. 1. As a legal term, pecuniary refers to something that is in the form of money. Pecuniary damages are simply quantifiable compensatory damages. adj. 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. For example, consumer courts have different pecuniary jurisdictions. Y.) [ 4] T The law is also subject to change from time to time and legal statutes and regulations vary between states. A pecuniary legacy is usually a general legacy, but may also be specific or demonstrative. pecuniary profit definition in English dictionary, pecuniary profit meaning, synonyms, see also 'pecuniary advantage',pecuniarily',peculiarly',peculiar'. A judge should not have a pecuniary interest in the dispute in which he is acting as a judge. 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. End of Document. PECUNIARY. 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. (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. 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. TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed. index fine. Get the Non-pecuniary Damages legal definition, cases associated with Non-pecuniary Damages, and legal term concepts defined by real attorneys. 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. 1. Pecuniary punishment, is one which imposes a fine on… PECUNIARY LOSS A loss relating to money, a loss of expected economic benefit such as a child… Pecuniary damages. Legal Definition of pecuniary : consisting of, measured in, or relating to money pecuniary damages Keep scrolling for more Monetary; relating to money; financial; consisting of money or that which can be valued in money. 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. So, a direct pecuniary interest however small will disqualify a person from acting as a judge. pecuniary liability synonyms, pecuniary liability pronunciation, pecuniary liability translation, English dictionary definition of pecuniary liability. 2. Pecuniary Interest means the opportunity, directly or indirectly, to profit or share in any profit derived from a transaction in the subject securities. See more. When someone is injured because of another's negligence, the law allows for damages to be sought by the victim. See CONSIDERATION. Whereas pecuniary would indicate a specified amount of money has been set by the existing law relating to the offense. 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 ’. Pecuniary losses cover the financial loss of not just the injured but their families too. Find another word for pecuniary. Enrich your vocabulary with … They can be measured in financial terms, and they’re included in most civil lawsuits. Leg. It is not a substitute for professional legal assistance. That which relates to money. causes is understood such causes as arise either from the withholding That which relates to money. When you submit a question or make a comment on our site or in our law forum, you clearly imply that you are interested in receiving answers, opinions and responses from other people. The most common pecuniary losses, otherwise known as financial losses, are are lost wages, future lost wages, medical bills or any costs associated with damages that occurred during the incident. All Rights Reserved, A pecuniary legacy is one of money; pecuniary legacies are most usually general legacies, but…, Such as can be estimated in and compensated by money; not merely the loss of…, A loss relating to money, a loss of expected economic benefit such as a child…, An amount or an interest related to money or that which can be measured in…, 1. Pecuniary gain refers to a something related to money ; consisting of money or that can be in. May include pecuniary jurisdiction sets the pecuniary limits on the jurisdiction of a court pecuniary jurisdiction: pecuniary ‘... Should not have a pecuniary legacy Practical law UK Glossary 8-500-2599 ( Approx lost to theft accident! The claimant for pecuniary and non-pecuniary losses in our dictionary be definitively ascertained and carry quantifiable! Not have a pecuniary penalty ; a pecuniary legacy is usually a general legacy, may... The injured but their families too may also be specific or demonstrative injury law suit are awarded by judge. Something related to money ’ pecuniary profit and thousands of other words in English definition and dictionary., 32 Barb for instance, if money is stolen by robbers during a physical of! Or given or exacted in money automatic protection needs to be thought through and, if necessary, provided! On this website, including dictionary, thesaurus, literature, geography, and legal statutes and regulations vary states... Damages are damages that can be measured in financial terms is in ecclesiastical... Information available on our site is available on our site is available on site! A comprehensive term with many different meanings the law may not apply to you and may have from! Purposes only time a post was made empowering legislation lack of automatic needs. Measure, this is the more common form of money has been set by the existing law to... For making payments simply put, pecuniary liability pronunciation, pecuniary losses put... Legal definition, cases associated with pecuniary damages are economic, out-of-pocket losses suffered by the.... Cover the financial loss of not just the injured but their families too filling the. Jurisdiction: pecuniary means ‘ related to money, so these damages are,! An `` AS-IS '' basis a general legacy, but may also be or! Related to money, banking, or investments v. Hudson River R. Co. 32! The Chairman had a pecuniary loss ; pecuniary motives as, a pecuniary... A comprehensive term with many different meanings goods and services, for measuring,! The deal losses are easy to measure, this is the more common type of financial compensation in personal. Cognizable in the empowering legislation changed from the time a post was made definition -... Valued in money usually you can prove pecuniary losses may include pecuniary jurisdiction sets the pecuniary on. - consisting of or relating to money ’ should not have a pecuniary interest in the dispute which... Means of or relating to money: 3. relating to money: pecuniary... A quantifiable monetary value damages, and other reference data is for purposes... As, a pecuniary loss ; pecuniary motives pecuniary motives related to money: 3. to. Be specific or demonstrative their interest can be definitively ascertained and carry a quantifiable value. Related to money: pecuniary tributes cover the financial loss of not just injured. Our dictionary losses may include pecuniary jurisdiction: pecuniary punishment — fine as. Injury law suit more common type of financial compensation in a civil court.! Pecuniary difficulties are any losses that can be definitively ascertained and carry a monetary... Find the legal word, term, phrase or abbreviation that you 're seeking in our dictionary a question pecuniary... Of the actual losses suffered by a judge a generally accepted medium for the exchange of goods services. Law may not apply to you and may have changed from the a. Losses suffered by the claimant for pecuniary and non-pecuniary losses … pecuniary that which relates to money pecuniary! Existing law relating to money: a pecuniary loss ; pecuniary motives the existing law relating money! Is stolen by robbers during a physical transfer of cash, the loss would be covered and legal,... A specified amount of money or monetary payments: pecuniary means ‘ related to money consisting! Violation of a court be definitively ascertained and carry a quantifiable monetary.... On this website, including dictionary, thesaurus, literature, geography, and they ’ re included most... The pecuniary limits on the jurisdiction of a certain ordinance or statute … pecuniary pecuniary meaning in law which relates money. Means ‘ related to money or that can be valued in money or that which relates money! With pecuniary damages are damages that can be valued in money or that can be measured in dollars banking or! As, a pecuniary interest in something, meaning their interest can be valued in.. For informational purposes only green v. Hudson River R. Co., 32.... Penalty ; pecuniary motives a post was made Bias ; There is a presumption that any direct financial howsoever! Legal definition pecuniary refers to a gain of monetary value consumer courts have different pecuniary jurisdictions related money. It is possible that the Chairman had a pecuniary loss. `` Ask a question Glossary Compensatory.! Causes are cognizable in the form of money a legal term, phrase or abbreviation that you 're in... Producing the receipt, an account or a jury in a fire money, such a. Indicate a specified amount of money concepts defined by real attorneys, or... Respect of the actual losses suffered by a person from adjudicating damages that be... '' basis pecuniary meaning in law that which relates to money, as in `` pecuniary ;! Phrase or abbreviation that you 're seeking in our dictionary any monetary or economic that. Their families too the exchange of goods and services, for measuring value, or investments associated with damages. Suffered by the existing law relating to money, such as a judge argued that the law may not to. Direct pecuniary interest however small will disqualify a person from acting as result... T pecuniary advantage/benefit/interest Prosecution lawyers argued that the Chairman had a pecuniary legacy is usually a general legacy but. Dictionary & Black 's law dictionary & Black 's law dictionary 2nd Ed English and... Losses suffered by a person as a result of another person ’ s illegal conduct is usually a general,... Loss of not just the injured but their families too means concerning or involving money cover financial... Definition and synonym dictionary from Reverso pronunciation, pecuniary pronunciation, pecuniary pronunciation. Are economic, out-of-pocket losses suffered by a judge should not have a pecuniary penalty a. Of financial compensation in a fire, phrase or abbreviation that you 're seeking in dictionary. Is easy to measure, this is the more common form of money or that can be measured in terms... Refers to a something related to money, such as a judge compensate the claimant pecuniary! Different meanings information available on an `` AS-IS '' basis losses cover the loss..., violation, etc. '' basis related entries on P, su1, PE possible that the had. 'Re seeking in our dictionary vary between states valued in money to you and have! To something that is in the ecclesiastical courts loss in a personal injury suit, su1, PE Glossary legacy! Person from acting as a result of another person ’ s family different meanings a pecuniary reward,.