What is pecuniary?

What Does pecuniary Mean

The first necessary step that must be taken to understand the meaning of the pecuniary term is to establish its etymological origin. In this sense, we could determine that it derives from Latin, specifically from the word “pecuniarius”. This can be translated as "relating to cash" and is made up of two clearly delimited parts:

-The noun "pecunia", which is equivalent to "cash".

-The suffix “-ario”, which is used to indicate “membership”.

It is an adjective that usually names what is related to liquid money , that is, in cash (banknotes and coins of immediate availability).
For example: "We only accept pecuniary payments: no exchange" , "I am not interested in symbolic recognitions, but I prefer financial awards that allow me to pay the bills" , "The pecuniary collaboration of the neighbors is essential for them to develop the works ” .

The pecuniary, therefore, is associated with money . Let us suppose that the authorities of a club wish to take advantage of a vacant lot to build a tennis court. Before confirming the development of the project, they analyze various issues, such as the conditions of the land and the potential use of the infrastructure. In this study, of course, one of the keys will be the pecuniary issue (how much the works will cost).
A pecuniary penalty , on the other hand, is a sanction that obliges the punished to disburse a certain sum of money. If a person parks his vehicle in a place that is not allowed, a road inspector can impose a fine consisting of the payment of two hundred pesos. Such a fine, therefore, is a pecuniary punishment .
That type of pecuniary penalty, it must be said that it is not only one of the most common ways of punishing a person within administrative law but also has its notable presence in the field of criminal law. In the latter case, the minimum penalty that can be imposed on a convicted person is precisely the payment of a fine, compared to the harshest and maximum that would be the entry into prison.
In the same way, we cannot ignore the existence of what is known as a pecuniary obligation. This is a term that is used to refer to the duty that one party has to carry out the delivery of cash to another, as a sign of provision.
Also within the scope of law there is also what is known as pecuniary legacy. This term is used to refer, for example, to the specific amount of money that a deceased has left with a person after his death and that is strictly included in his will.
In a similar sense, a certain action can cause pecuniary damage against a person, a company or an organization. This happens if an environmental group promotes a boycott against a company that pollutes a river with its production processes: the intention will be to cause economic problems so that it ceases its activity.

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