pecuniary profit

pecuniary profit
Financial gain. A corporation which is operated for "pecuniary profit" is one which is operated for the pecuniary profit of its stockholders or members. Santa Clara Female Academy v Sullivan, 116 Ill 375, 387.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • pecuniary — pe·cu·ni·ary /pi kyü nē ˌer ē/ adj: consisting of, measured in, or relating to money pecuniary damages Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. pecuniary …   Law dictionary

  • profit — prof·it n 1: gain in excess of expenditures: as a: the excess of the selling price of goods over their cost b: net income from a business, investment, or capital appreciation compare earnings, loss …   Law dictionary

  • Profit — Pro fit, n. [F., fr. L. profectus advance, progress, profit, fr. profectum. See {Proficient}.] 1. Acquisition beyond expenditure; excess of value received for producing, keeping, or selling, over cost; hence, pecuniary gain in any transaction or… …   The Collaborative International Dictionary of English

  • profit — profiter, n. profitless, adj. profitlessly, adv. profitlessness, n. /prof it/, n. 1. Often, profits. a. pecuniary gain resulting from the employment of capital in any transaction. Cf. gross profit, net profit. b. the ratio of s …   Universalium

  • profit — /ˈprɒfət / (say profuht) noun 1. (often plural) pecuniary gain resulting from the employment of capital in any transaction: a. gross profit, gross receipts less the immediate costs of production. b. net profit, amount remaining after deducting… …  

  • profit — Most commonly, the gross proceeds of a business transaction less the costs of the transaction; i.e. net proceeds. Excess of revenues over expenses for a transaction; sometimes used synonymously with net income for the period. Gain realized from… …   Black's law dictionary

  • profit — prof•it [[t]ˈprɒf ɪt[/t]] n. 1) bus Often, profits a) pecuniary gain resulting from the employment of capital in any transaction b) the ratio of such gain to the amount of capital invested c) proceeds or revenue from property, investments, etc 2) …   From formal English to slang

  • pecuniary — /pɪ kju:niəri/ adjective referring to money ♦ he gained no pecuniary advantage he made no profit …   Dictionary of banking and finance

  • corporation not for profit — A charitable corporation; a membership; corporation; an eleemosynary corporation. A proposed corporation is not entitled to incorporation as a corporation not for profit where its clear purpose is to confer direct and indirect benefits on its… …   Ballentine's law dictionary

  • money — moneyless, adj. /mun ee/, n., pl. moneys, monies, adj. n. 1. any circulating medium of exchange, including coins, paper money, and demand deposits. 2. See paper money. 3. gold, silver, or other metal in pieces of convenient form stamped by public …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”