pecuniary loss
[pɪˈkjuːniəri lɔːs]
nounpl: pecuniary losses
prejuízo pecuniário
1. A financial loss or monetary damage; a loss of money or economic value
The company suffered a significant pecuniary loss due to the lawsuit.
A empresa sofreu um prejuízo pecuniário significativo devido ao processo judicial.
2. In legal contexts, damages awarded in money form for financial harm caused by negligence or breach of contract
The court awarded the plaintiff pecuniary losses totaling $500,000.
O tribunal condenou o réu ao pagamento de prejuízos pecuniários de $500.000.
3. Economic detriment expressed in monetary terms
The insurance policy covers pecuniary losses resulting from theft or damage.
A apólice de seguro cobre prejuízos pecuniários resultantes de roubo ou dano.
This term is primarily used in formal legal, business, and insurance contexts in both Brazil and the USA. In Brazil, 'prejuízo pecuniário' is the preferred legal terminology in court documents and contracts. In American English, the term is common in litigation and insurance claims. The distinction between 'pecuniary' and non-pecuniary (emotional or physical) losses is crucial in legal proceedings.
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