pretium affectionis (pree-shee-[schwa]m [schwa]-fek-shee-oh-nis). An enhanced value placed on a thing by the fancy of its owner, growing out of an attachment for the specific article and its associations; sentimental value. • This value is not taken as a basis for measuring damages.
pretium periculi (pree-shee-[schwa]m p[schwa]-rik-y[schwa]-lI). The price of the risk, such as the premium paid on an insurance policy.
