The idea of embeddedness is crucial for Granovetter's argument; but it isn't explicitly defined in this piece. The idea of an embedded individual is contrasted to the idea of an atomized actor; this implies that the individual's choices and actions are generated, in part anyway, by the actions and expected behavior of other actors.
Definition of Pecuniary. What is Pecuniary in the Legal System. As a legal term, pecuniary refers to something that is in the form of money. People can have a pecuniary interest in something, meaning their interest can be measured in dollars. Violation of a certain ordinance or statute may have a pecuniary punishment, rather than jail time.
Non-pecuniary damages are damages for âpain and sufferingâ, sometimes also described as âloss of enjoyment of lifeâ. These damages are supposed to compensate the claimant for having to experience symptoms caused by the accident, having a loss of expectation of life, etc. The sheer fact is that there is no objective yardstick for translating non-pecuniary losses, such as pain and suffering and loss of amenities, into monetary terms. (Andrews v. Grand & Toy Alberta Ltd., [1978] 2 S.C.R. 229 at 261).