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 can be made the subject of calculation and of recompense in money. … [Read more...] about PECUNIARY DAMAGES
P
PAYMENT IN DUE COURSE
Where a payment is made to a holder in due course (a person holding a debt instrument not knowing it may have been fraudulently transferred.) The true owner of the note cannot demand that the payor pay twice but must seek redress from the party that committed the fraud. … [Read more...] about PAYMENT IN DUE COURSE
PEACEABLE
Without argument or conflict. Peaceful. Free from the character of force, violence, or trespass; as, a "peaceable entry" on lands. "Peaceable possession" of real estate is such as is acquiesced in by all other persons, including rival claimants, and not disturbed by any forcible attempt at ouster nor by adverse suits to recover the possession or the estate. Peceata contra … [Read more...] about PEACEABLE
PECUNIARY INTEREST
An amount or an interest related to money or that which can be measured in money. For example, one has a pecuniary interest in an investment in stocks. … [Read more...] about PECUNIARY INTEREST
PAYMENT IN FULL
Language that is usually inserted on a check or monetary instrument to indicate that it is in full payment for a debt or obligation. The actual amount owed may actually be in dispute at the time, regardless of the writing. … [Read more...] about PAYMENT IN FULL
