pieniarvoisten

Pieniarvoisten is a Finnish term that translates to "of low value" or "of little worth." It is primarily used in a legal and financial context to describe items or assets that have a minimal monetary worth, often to the point where the cost of formally dealing with them, such as selling or valuing, might exceed their actual worth.

This designation can apply to various possessions, including small debts, minor pieces of property, or personal effects that hold little market value. In probate proceedings, for example, if an estate contains items that are considered pieniarvoisten, a simplified process might be employed, or these items may simply be disregarded due to their negligible worth. Similarly, in bankruptcy proceedings, assets deemed pieniarvoisten are unlikely to be pursued by creditors.

The concept is practical, acknowledging that the administrative and legal costs associated with managing very low-value items can be disproportionate to their benefit. It allows for more efficient handling of financial and legal matters by focusing resources on assets with significant value. The specific threshold for what constitutes pieniarvoisten can vary depending on the context and the governing regulations.