pecuniële

Pecuniële is a Dutch term derived from the Latin word pecunia, meaning "money." In the context of Dutch law and finance, the term is primarily associated with pecuniary damages or financial compensation. It refers to monetary losses or financial harm suffered by an individual or entity, often discussed in legal contexts such as contract disputes, tort claims, or insurance claims.

The concept of pecuniële damages is central to Dutch civil law, where compensation for financial losses is a key principle. When a party suffers harm due to the actions or omissions of another, the affected party may seek pecuniary compensation to restore their financial position to what it would have been without the wrongful act. This differs from non-pecuniary damages, which address non-monetary harm such as pain and suffering.

In Dutch legal practice, pecuniële damages are often calculated based on actual losses, such as lost income, medical expenses, or property damage. Courts may also award interest on the damages to account for the time value of money. The burden of proof typically lies with the claimant, who must demonstrate the extent of their financial loss.

The term is also used in financial and economic discussions, particularly in relation to asset valuation or liability assessments. For example, in corporate law, pecuniary penalties may be imposed for breaches of fiduciary duties, requiring directors or officers to compensate the company for financial harm caused by their actions.

Overall, pecuniële serves as a legal and financial framework for addressing monetary harm, ensuring fair compensation in cases where financial losses are incurred due to negligence, breach of contract, or other wrongful conduct.