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LSDefine

Simple English definitions for legal terms

pecuniary loss

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A quick definition of pecuniary loss:

Pecuniary loss is when you lose money or something valuable unexpectedly. For example, if you buy a toy for $10 and then sell it for $5, you have a pecuniary loss of $5. It can also refer to the amount of money an insurance company has to pay when something you have insured gets damaged or destroyed.

A more thorough explanation:

Definition: Pecuniary loss refers to an undesirable outcome of a risk that results in the disappearance or reduction of value, usually in an unexpected or unpredictable way. It can also refer to the financial detriment caused by an insured person's death or damage to insured property, for which the insurer becomes liable.

Examples:

  • If you buy a stock for $100 and later sell it for $80, you have experienced a pecuniary loss of $20.
  • If a person's car is damaged in an accident, the insurance company may be liable for the pecuniary loss incurred by the owner to repair the car.

The examples illustrate how pecuniary loss can occur due to a decrease in value or damage to property, resulting in financial detriment to the owner. In both cases, the loss is calculated by subtracting the original cost from the selling price or repair cost, respectively.

pecuniary legacy | pecunia trajectitia

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Dkk
19:42
Maybe, didnt happen last time.
19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
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