Pecunia

Lat. Originally and radically, property in cattle or cattle themselves. So called because the wealth of the ancients consisted in cattle. Co. Litt. 207b.

In the civil law. Property in general, real or personal; anything that is actually the subject of private property.

In a narrower sense, personal property; fungible things.

In the strictest sense, money. This has become the prevalent, and almost the exclusive, meaning of the word.

In old English law. Goods and chattels. Spelman.

— Pecnnia constituta. In Roman law. Money owing (even upon a moral obligation) upon a day being fixed <constituta) for its payment, became recoverable upon the implied promise to pay on that day, in an action called "de pecunia constituta," the implied promise not amounting (of course) to a stipulatio. Brown.

— Pecnnia non numerata. In the civil law. Money not paid. The subject of an exception or plea in certain cases. Inst. 4, 13, 2.

— Pecunia numerata. Money numbered or counted out; i. e., given in payment of a debt.

— Pecunia sepulchralis. Money anciently paid to the priest at the opening of a grave for the good of the deceased's soul.
—Pecunia trajectitia.. In the civil law. A loan in money, or in wares which the debtor purchases with the money to be sent by sea, and whereby the creditor, according to the contract, assumes the risk of the loss from the day of the departure of the vessel till the day of her arrival at her port of destination. Interest does not necessarily arise from this loan, but when is stipulated for it is termed "nauticum fœnus," (maritime interest,) and, because of the risk which the creditor assumes, he is permitted to receive a higher interest than usual. Mackeld. Rom. Law, § 433.

I Originally and radically, property in cattle, or cattle themselves.

In old English law. Pecunia numerata: counted money f money paid by count or tala In the civil law. Property in general, real or personal; any thing that is the subject of private properly; in a narrower sense, personal property, fungible things; in the strictest sense, money. Pecunia non numerata: money not paid. Pecunia trajectitia: money carried across the sea; money lent to sea, or advanced on the hazard of the lender, to carry over the sea.

I. Cattle; property; personal property money. Pecunia numerata: counted money. numerata: money not paid. Pecunia money on a ship or cargo; bottomry, foenus

Among the ancients, cattle were the chief form or representative of wealth; hence pecunia, formed from ^ecMS, a flock or herd, came to be a general name, in the Roman law, for property or wealth, and particularly for chattel or movable property. In modern times, it and its derivatives are used altogether in the sense of money. Pecunia numerata. Money counted; and, secondarily, money paid, counting being an almost inseparable incident of payment. Pecunia non numerata. Money uncounted, or not paid. Pecunia aepulchralis. Money anciently paid to the priest at the opening of a grave, for the good of the deceased's soul. Pecunia trajectilia. Money lent on marine risks.

civil law, property. By this term was understood, 1, money; and 2, every thing which constituted the private property of an individual, or which was a part of his fortune; a slave, a field, a house, and the like, were so considered. It is in this sense the law of the twelve tables said: Uti quisque pater familias legassit super pecunia tutelave rei suae, ita jus esto. In whatever manner a father of a family may have disposed of his property, or of the tutorship of his things, let this disposition be law. 1 Lecons Elem. du Dr. Civ. Rom. 288. Flocks were the first riches of the ancients, and it is from pecus that the words pecunia, peculium, peculatus, are derived.