Pecuniary Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Pecuniary, written in plain English, along with examples of how it is used.
What is Pecuniary?
Its something related to money or finance or something that has value in money.
History and Meaning of Pecuniary
Derived from the Latin word "pecunia," meaning "money," "pecuniary" describes something that has financial value or is related to money. It can also refer to something that is involving payment or compensation of a financial nature.
Examples of Pecuniary
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The pecuniary settlement offered in exchange for the victim's silence was sizable.
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The company suffered severe pecuniary losses after the production halt caused by the pandemic.
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John's pecuniary compensation for his work exceeded his expectations.
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The employee declined the job offer due to the pecuniary terms being lower than their expectation.
Legal Terms Similar to Pecuniary
- Remuneration: payment for work done
- Indemnification: financial compensation for harm or loss incurred
- Damages: monetary compensation awarded by a court in a civil lawsuit
- Royalties: payments made to authors or inventors based on the use or sale of their work
- Emolument: compensation received for work, often used to refer to salaries or fees received by government officials.