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PECUNIARY LOSS

by Law Professor

A loss relating to money, a loss of expected economic benefit such as a child who is expecting financial support from a parent who is now injured. … [Read more...] about PECUNIARY LOSS

PAYOFF

by Law Professor

To pay in full. To pay completely and discharge all obligations. … [Read more...] about PAYOFF

PECCATA CONTRA NATURAM SUNT GRAVISSIMA

by Law Professor

Latin, meaning Wrongs against nature are the most serious. … [Read more...] about PECCATA CONTRA NATURAM SUNT GRAVISSIMA

PAY-ON-DEATH (POD) DESIGNATION

by Law Professor

A payment that is due to a named person upon the death of the decedent, used as frequently to avoid probate. The person retains complete control over the property and provide an ownership document (on a bank account registration card, for example) which has the designated beneficiary who will inherit the property at death. … [Read more...] about PAY-ON-DEATH (POD) DESIGNATION

PECIA

by Law Professor

A piece or small quantity of ground. Paroch. Antlq. 240. … [Read more...] about PECIA

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