The term "Pecuniary" refers to which type of loss?

The term "pecuniary" specifically relates to matters of money or financial loss. When discussing losses in various contexts, particularly in legal and insurance terms, a pecuniary loss is one that can be quantified in terms of monetary value. This includes things like lost wages, medical expenses, loss of property value, and other financial impacts that can be explicitly measured and compensated.

In contrast, the other terms refer to different types of impacts. Punitive losses are typically associated with damages intended to punish wrongdoers rather than compensate for loss. Non-economic losses involve subjective, intangible damages such as pain and suffering, which do not have a direct monetary value. A legal or civil wrong pertains to the actions that violate rights, leading to claims or lawsuits rather than financial implications per se.

Thus, when identifying "pecuniary" losses, recognizing them as strictly economic losses that involve financial aspects clarifies why this association is accurate.