Pure economic loss (PEL) is the plaintiff's monetary loss that flows directly from the defendant's negligence. It is not consequent upon damage to the plaintiff's person or property.*
*Tan, J. (2021, 22 September). Reconceiving proximity in the duty to avoid causing pure economic loss. Singapore Academy of Law. Citing NTUC Foodfare Co-operative Ltd v SIA Engineering Co Ltd [2018] 2 SLR 588.