Purchase. Acquisition by one’s own act or agreement, and not by descent.
P | Page 26
P
PECIA
A piece or small quantity of ground. Parocli. Antiq. 240.
PECK
A measure of two gallons; a dry measure.
PECK (PK)
The unit of volume used traditionally for dry commodities . One peck is equal to 2 gallons.
PECKING ORDER THEORY
Developed by Nicolas Majluf and Steward C. Myers, the Pecking Order Theory classifies people, birds, classes and nations in different categories, where financing sources are categorized.
PECORA
Lat. In Roman law. Cattle; beasts. The term included all quadrupeds that fed in flocks. Dig. 32, 05, 4.
PECULATION
n the civil law. The unlawful appropriation , by a depositary of public funds , of the property of the government intrusted to bis care, to his own use, or […]
PECULATUS
Lat In the civil law . The offense of stealing or embezzling the public money. Hence the common English word ” peculation ,” but ” embezzlement ” is the proper […]
PECULIAR
In ecclesiastical law . A parish or church in England which has jurisdiction of ecclesiastical matters within itself, and independent of the ordinary, and is subject only to the metropolitan […]
PECULIAR RISK DOCTRINE
A legal principle which states that if the owner of any property is getting construction done on it, the owner will stand responsible for any injuries that occur during the […]
PECULIARS
COURT OP Ga. 27, 11 S. E. 721; HufTmans v. Walker, 26 Grat. (Va.) 316. By “payment” is meant not only the delivery of a sum of money, when such […]
PECULIARS, COURT OF
In English law . A branch of and annexed to the court of arches. It has a jurisdiction over all those PECULIUM 885 PEDIS POSSESSIO parishes dispersed through the province […]
PECULIUM
Lat. In Iloman law. Such private property as might be held by a slave, wife, or son who was under the pat Ha po- tcxtas, separate from the property of […]
PECUNIARY
1. Involving money, monetary or financial. 2. A thing able to be evaluated in terms of money.
PECUNIARY BENEFITS
the term that is used for a benefit that can be evaluated in monetary terms as to how much they are worth
PECUNIARY CONDITION
another term for a person’s or businesses financial condition.
PECUNIARY DAMAGES
Such as can be estimated in and compensated by money; not merely the loss of money or salable property or rights, but all such loss, deprivation , or injury as […]
PECUNIARY EXTERNALITIES
A position in which the prices used for production by any producer are affected favorably or unfavorably by the impact of other producers.
PECUNIARY LEGACY
the name of a legacy that will be paid in money after property has been converted to cash.
PECUNIARY LIABILITY
A legal obligation levied on any firm or entity which requires that company to pay compensaiton for any loss, or poor usage of funds, usually stemimng from the failure of […]
PECUNIARY LOSS
1. A loss that can be evaluated in money terms. 2. Money lost by a dependent when a support person dies.
PECUNIARY RIGHT
The right withheld by any asset’s owner to use that asset for monetary value .
PECUS
Lat. In Roman law. Cattle; a beast. Under a bequest of pccudes were in- cluded oxen and other beasts of burdeu. Dig. 32, 81, 2.
PEDAGE
In old English law . A toll or tax paid by travelers for the privilege of passiug, on foot or mounted, through a forest or other protected place. Spelman.
PEDAGIUM
L. Lat. Pednge, ((/. v.)