credit as a pecuniary contract means the credit is always expressed in terms of money. when you buy goods on credit from a retail store or borrow money from a bank or any financing institution, it is understood that such obligation shall be paid in money.
1. it is a bipartite contract 2. the contract is personal in nature 3. the contract has a pecuniary nature 4. there is the presence of trust and confidence 5. credit is risk 6. futurity 7. creation of legal obligation 8. the transfer of ownership or title
Considered unrelated party.
Credit Risk. Credit risk or default risk evolves from the possibility that one of the parties to a derivative contract will not satisfy its financial obligations under the derivative contract.
My mother left me a pecuniary legacy
pecuniary insurance is the insurance of intangibles, (e.g. income, revenue, or value)
1. it is a bipartite contract 2. the contract is personal in nature 3. the contract has a pecuniary nature 4. there is the presence of trust and confidence 5. credit is risk 6. futurity 7. creation of legal obligation 8. the transfer of ownership or title
credit is always expressed in terms of money. when you buy goods on credit from a retail store or borrow money from ythe bank or any financing institution, it is understood that such obligation shalln be paid in money... answered by: christine damasen(**,)
Considered unrelated party.
Pecuniary is an adjective.
Pecuniary incentives led him to poverty than the life he actually expected.
It refers to money or finance. As in; She did the job for pecuniary gain.
Credit Risk. Credit risk or default risk evolves from the possibility that one of the parties to a derivative contract will not satisfy its financial obligations under the derivative contract.
If you are on a 30 day rolling contract, you probably have a SIM only deal. Yes you can get credit for such contract.
My mother left me a pecuniary legacy
Pecuniary refers to something related to money, or financial assets.
Pecuniary means, basically, "having to do with money". Once you know that, the meaning of "pecuniary loss" should be self-evident. Also it is your mom.
The pecuniary incentives led to him to suck his bosses dick.