Pecuniary gain definition

Pecuniary gain means the acquisition of money or something of monetary value.

Pecuniary gain means the generation of monetary receipts from commercial operations or other sales activities, when those receipts exceed expenses of operations or are intended to exceed expenses of operations.

Pecuniary gain means before-tax profit, including additional revenue or cost savings.

Examples of Pecuniary gain in a sentence

• All bidders that meet the qualification criteria set out in the pre- qualification document shall be allowed to bid and there shall be no limit on the number of pre-qualified bidders.

• Pecuniary gain or advantage includes monetary, financial or economic gain or advantage.

• Members could appoint or replace manager WITH A VIEW TO PROFIT Business does not need to make a profit• It is a question of intention to make profit, not whether profit has been actually made Re Young; Ex parte Jones What is profit?o Pecuniary gain made by the business between accounting periods usually separated by an interval of a year Re Spanish Prospectingo Court generally takes a simple balance sheet approach: Comparing any change in value of the assets of the company at two different points in time.

• Pecuniary gain in such cases is also confiscated if it is in possession of a third party (e.g. spouse, relatives, or family members) and was not acquired in good faith.Croatian laws and provisions regarding corruption apply equally to domestic and foreign investors.

• The Club does not contemplate Pecuniary gain or profit to the members thereof except as provided by law under $501 (c) (3) of the Internal Revenue Code of 1986, as amended from time to time.

More Definitions of Pecuniary gain

Pecuniary gain means any monetary benefit to a person or to a member of the person's immediate family.

Pecuniary gain means the receipt of, or the anticipation of receipt of, anything of value, whether monetary or in goods or services. Thus, the term pecuniary gain includes both monetary and barter transactions.

Pecuniary gain means the generation of monetary receipts from commercial operations or other sales activities, when those re- ceipts exceed expenses of operations or are intended to exceed expen- ses of operations.

Pecuniary gain means before-tax profit that is monetary or readily

Pecuniary gain means any dealing with money, monetary or financial, or something able to be evaluated in terms of money, in which an Active Member stands to obtain an unreasonable benefit due to their position; this does not include funding opportunities through UKSGA.

Pecuniary gain means the generation of monetary receipts from commercial operations or other sales activities when those receipts exceed expenses of operations or are intended to exceed expenses of operations.WHAT CAN THE UNIVERSITY CHARGE?Generally, the University cannot realize net income/pecuniary gain on the use of its property because the property is supposed to be used for the University’s tax-exempt purpose as opposed to generating revenue. Specifically, as mentioned above:▪ When the University leases property to another tax-exempt organization, it must charge a rental fee that is reasonable and does not exceed the maintenance and operation expenses attributable to the property being used.▪ When the University leases property to a non-exempt third-party in a manner that is consistent with the University’s educational, social, or athletic programs, and not for the third party’s pecuniary gain or to promote its business activities, the fees/rent the University charges to the third-party must be reasonable and may not result in net income to the University.The above does not mean the University cannot recoup the costs of operating and maintaining the property and permitting the third party to use it. Rather, the University can charge rental fees that broadly cover its costs, including operating costs, maintenance, and even depreciation. Such expenses can include janitorial, catering, utilities (water, sewer, garbage), electricity, insurance, security, sales and marketing, administrative costs, and depreciation. The Office of Finance and Business Affairs, in consultation with University Events, will determine the maintenance and operations expenses attributable to the property being used.GUIDELINES FOR MAINTAINING 501(c)(3) TAX EXEMPTIONSome of the University’s property was developed using 501(c)(3) tax-exempt bonds. The Director of Treasury and Risk Management maintains a list of the University property that was financed using these bonds. Under the Internal Revenue Code, the proceeds the University received in exchange for these bonds must be directed to the University’s tax-exempt (educational) purpose and not to private business or security interests. Therefore, the use of bond-financed property for private business purposes unrelated to the University’s educational purpose requires further analysis. Please contact the Director of Treasury and Risk Management and University Counsel regarding any such proposed use.EXAMPLE SCENARIOSExamples of uses that do not nulli...

Pecuniary gain means the generation of monetary receipts from commercial operations or other sales activities, when those re­