What is non-pecuniary relief?
What is non-pecuniary relief?
Nonpecuniary Relief — nonmonetary compensation for a loss, such as vacating certain premises or refraining from a specific act.
What are pecuniary claims?
Main Takeaways. Pecuniary losses are losses that you can measure in money, usually by producing a receipt or a bill to show that you have paid an expense or will incur an expense or financial loss in the future. Non-pecuniary damages in a personal injury claim are those losses that cannot be measured precisely in money …
What means non pecuniary?
Definition of nonpecuniary : not consisting of money nonpecuniary compensation allowable under law — U.S. Code.
What are pecuniary factors?
A “pecuniary factor” is defined as a factor that a fiduciary prudently determines will have a material effect on the risk or return of an investment based on appropriate investment horizons consistent with the plan’s investment objectives and funding policies.
What are non-pecuniary factors?
The notion that labour is supply is affected by factors other than wages or money, for example, working conditions, the amount of leisure time, the facilities available at work, the sociability of the hours etc. Also known as non-monetary factors.
What are pecuniary rights?
The right withheld by any asset’s owner to use that asset for monetary value.
What is non pecuniary price?
Non-pecuniary cost, a term that comes originally from the law, refers to a loss that cannot be quantified monetarily,13 a common example being “pain and suffering.” Non- pecuniary damages detract from individual well-being or utility.
What are pecuniary losses?
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. Non-pecuniary losses generally include pain and suffering and loss of amenity and mental distress.
