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pecuniary liability

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A personal, joint, or corporate monetary obligation to make good any lost, damaged, or destroyed property resulting from fault or neglect. It may also result under conditions stipulated in a contract or bond.


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[A 15-6 investigation is conducted by a disinterested officer to determine pecuniary liability.
While the main point of legislation is to assign pecuniary liability to anyone involved in the payment process (e.
New Developments in Fiscal Law Let's now shift our attention back to those three recent fiscal law developments that Defense resource, financial, and program managers need to be aware of: updated GAO resources for appropriations law principles and decisions, the trend toward relaxation of personal-related expenses, and the pecuniary liability assigned to newly designated departmental accountable officials.
 
 
 
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