Enrich your vocabulary with … The following is an example of a state statute defining “pecuniary gain”: 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. (of a crime, violation, etc.) Pecuniary penalties are civil remedies imposed by the courts, so it cannot be assumed that the protections of the criminal law will apply. 2. It is not a substitute for professional legal assistance. Of or relating to money: a pecuniary loss; pecuniary motives. Share this on WhatsApp. Pecuniary loss. Pecuniary is defined as something related to money or that can be valued in money. Define pecuniary. What do you need to know about law? The law is also subject to change from time to time and legal statutes and regulations vary between states. Pecuniary damages are economic, out-of-pocket losses suffered by a person as a result of another person’s illegal conduct. Related Content. Their purpose is to compensate the claimant for pecuniary and non-pecuniary losses. 5 synonyms of pecuniary from the Merriam-Webster Thesaurus, plus 3 related words, definitions, and antonyms. Whereas pecuniary would indicate a specified amount of money has been set by the existing law relating to the offense. 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 meaning: 1. relating to money: 2. relating to money: 3. relating to money: . Pecuniary is defined as something related to money or that can be valued in money. 1. Pecuniary damages are simply quantifiable compensatory damages. Pecuniary gain refers to a gain of monetary value. Pecuniary Damages explained. Study Aids. (N. The people providing legal help and who respond are volunteers who may not be lawyers, legal professionals or have any legal training or experience. Pecuniary damages are damages that can be definitively ascertained and carry a quantifiable monetary value. They are awarded by a judge or a jury in a civil court case. 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 … A gift of money in a will. Definition of Pecuniary Pecuniary meaning or descrpition: of monetary value (Source of this concept of Pecuniary: emp.ca/books/318-5) Damages awarded in respect of the actual losses suffered by the claimant. © Copyright 1995 - 2015 TheLaw.com LLC. 2. Losses would also be covered if cash were destroyed in a fire. Simply put, pecuniary losses are any losses that can be measured in financial terms. The rule against bias (nemo iudex in … Pecuniary losses cover the financial loss of not just the injured but their families too. That which relates to money. What is Pecuniary in the Legal System. 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. pecuniary synonyms, pecuniary pronunciation, pecuniary translation, English dictionary definition of pecuniary. See more. It is possible that the law may not apply to you and may have changed from the time a post was made. pecuniary gain/loss An accountant may have to calculate past and future pecuniary … Losses would also be covered if cash were destroyed in a fire. Pecuniary legacy Practical Law UK Glossary 8-500-2599 (Approx. PECUNIARY. 2. Get the Non-pecuniary Damages legal definition, cases associated with Non-pecuniary Damages, and legal term concepts defined by real attorneys. Learn more. • Pecuniary Meaning In English (a.) Non-pecuniary Damages explained. 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. Find another word for pecuniary. Pecuniary causes. Pecuniary in Historical Law . Green v. Hudson River R. Co., 32 Barb. Pecuniary Interest Law and Legal Definition. are most usually general legacies, but there may be a specific pecuniary pecuniary legacy is one which entitles the legatee to receive a sum of 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. 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." Burton's Legal Thesaurus. 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. Also known as substantial damages. Law Dictionary – Alternative Legal Definition. Pecuniary damages are damages that can be definitively ascertained and carry a quantifiable monetary value. 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 jurisdiction: Pecuniary means ‘related to money’. these causes are cognizable in the ecclesiastical courts. 2006. pecuniary penalty; pecuniary resource; Look at other dictionaries: pecuniary punishment — fine paid as … 1. Related Content. The lack of automatic protection needs to be thought through and, if necessary, specifically provided for in the empowering legislation. Non-pecuniary losses generally include pain and suffering and loss of amenity and mental distress. Pecuniary insurance reimburses policyholders for monies lost to theft or accident. 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… Pecuniary Losses Simply put, pecuniary losses are any losses that can be measured in financial terms. End of Document. pecuniary: 1 adj relating to or involving money “he received thanks but no pecuniary compensation for his services” Synonyms: monetary For instance, if money is stolen by robbers during a physical transfer of cash, the loss would be covered. Add or request a definition by filling out the short form below! Pecuniary legacy Practical Law UK Glossary 8-500-2599 (Approx. 3 Bl. In criminal law, the term refers to any monetary or economic gain that serves as an impetus for the commission of an offence. 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. Pecuniary bias. Related Content. So, a direct pecuniary interest however small will disqualify a person from acting as a judge. 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. 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. In English ecclesiastical practice. 1 Rop. Comm. pecuniary synonyms, pecuniary pronunciation, pecuniary translation, English dictionary definition of pecuniary. 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. 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…. 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. 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. involving a money penalty or fine. A generally accepted medium for the exchange of goods and services, for measuring value, or for making payments. You might be interested in the historical meaning of this term. Pecuniary jurisdiction sets the pecuniary limits on the jurisdiction of a court. 1. Penalty is a comprehensive term with many different meanings. 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. The definition of pecuniary is something related to money. Search in more than 1.500.000 entries. 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." Pecuniary consideration. pecuniary profit definition in English dictionary, pecuniary profit meaning, synonyms, see also 'pecuniary advantage',pecuniarily',peculiarly',peculiar'. legacy; for example, of the money in a certain bag. Also Found In . Search pecuniary profit and thousands of other words in English definition and synonym dictionary from Reverso. LEGACY, PECUNIARY, A pecuniary legacy is one of money; pecuniary legacies See CONSIDERATION. Did You Know? End of Document. Leg. That which relates to money. relating to money, as in "pecuniary loss.". PECUNIARY That which relates to money. Enrich your vocabulary with the English Definition dictionary Requiring payment of money: a pecuniary offense. 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. 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 Bias; There is a presumption that any direct financial interest howsoever small in the matter in dispute disqualifies person from adjudicating. Pecuniary simply means of or relating to money, so these damages are those where the monetary value is easily discernible. (adsbygoogle = window.adsbygoogle || []).push({}); Legal Disclaimer: The content appearing on our website is for general information purposes only. Pecuniary Law and Legal Definition Pecuniary refers to a something related to money, such as a monetary interest or award. Define pecuniary liability. Pecuniary Law and Legal Definition Pecuniary refers to a something related to money, such as a monetary interest or award. 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 advantage/benefit/interest Prosecution lawyers argued that the Chairman had a pecuniary interest in the deal. index fine. 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 damages are economic, out-of-pocket losses suffered by a person as a result of another person’s illegal conduct. They are awarded by a judge or a jury in a civil court case. Pecuniary definition, of or relating to money: pecuniary difficulties. Pecuniary losses count for both the losses to the victim and the losses to the victim’s family. [ 4] T For instance, if money is stolen by robbers during a physical transfer of cash, the loss would be covered. 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. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. Pecuniary Interest means the opportunity, directly or indirectly, to profit or share in any profit derived from a transaction in the subject securities. Pecuniary losses are easy to measure and therefore, are the more common type of financial compensation in a personal injury suit. 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. A pecuniary legacy is usually a general legacy, but may also be specific or demonstrative. Bias is usually of three kinds: pecuniary bias, personal bias, bias as to subject matter or policy bias. 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. All information available on our site is available on an "AS-IS" basis. Pecuniary insurance reimburses policyholders for monies lost to theft or accident. In England As a legal term, pecuniary refers to something that is in the form of money. pecuniary: 1 adj relating to or involving money “he received thanks but no pecuniary compensation for his services” Synonyms: monetary 33. Pecuniary definition: Pecuniary means concerning or involving money. Legal Definition of pecuniary : consisting of, measured in, or relating to money pecuniary damages Keep scrolling for more William C. Burton. 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 mone 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 … 2. adj. money, and not a specific chattel. Legal definition for PECUNIARY: That which relates to money. 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 … 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. 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. Pecuniary damages. Of or involving money. Because it is easy to measure, this is the more common form of compensation paid for loss in a personal injury law suit. /pakyuwn(i)yariy/ Monetary; relating to money; financial; consisting of money or that which can be valued in money. church, in consequence of which damage accrues to the plaintiff. 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. 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. People can have a pecuniary interest in something, meaning their interest can be measured in dollars. (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 losses count for both the losses to the victim and the losses to the victim’s family. 2. 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. A direct pecuniary interest, howsoever small or insignificant, will disqualify a person from acting as a judge. When someone is injured because of another's negligence, the law allows for damages to be sought by the victim. 88. Within the category of compensatory damages, sometimes called consequential damages, there are two subcategories: pecuniary damages and non-pecuniary damages. Can't find the legal word, term, phrase or abbreviation that you're seeking in our dictionary? For example, consumer courts have different pecuniary jurisdictions. In England these causes are cognizable in the ecclesiastical courts. Some examples of pecuniary damages include: Medical Costs, which may include ambulance bills, … 2. 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. pecuniary liability synonyms, pecuniary liability pronunciation, pecuniary liability translation, English dictionary definition of pecuniary liability. Y.) What does pecuniary mean? Monetary; relating to money; financial; consisting of money or that which can be valued in money. TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed. In the ecclesiastical law, by pecuniary [ 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. | Meaning, pronunciation, translations and examples Pecuniary definition is - consisting of or measured in money. consisting of or given or exacted in money or monetary payments: pecuniary tributes. 3 pages) Ask a question Glossary Pecuniary legacy. In a personable injury suit, the court will award pecuniary damages, which include emergency and medical care. 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 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. 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. Practical Law UK Glossary 7-107-5958 (Approx. That which relates to money. See “DAMAGES. 3 pages) Ask a question Glossary Pecuniary legacy. In England these … Of or relating to money: a pecuniary loss; pecuniary motives. See LEO ACT. Pecuniary legacy. As to pecuniary consideration pecuniary damages pecuniary legacy; see those titles @ pecuniary benefits Benefits that can be… 3 pages) Ask a question Glossary Compensatory damages. 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. A gift of money in a will. 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 … Get the Pecuniary Damages legal definition, cases associated with Pecuniary Damages, and legal term concepts defined by real attorneys.