What's the difference between fiscal and monetary?

Fiscal


Definition:

  • (a.) Pertaining to the public treasury or revenue.
  • (n.) The income of a prince or a state; revenue; exhequer.
  • (n.) A treasurer.
  • (n.) A public officer in Scotland who prosecutes in petty criminal cases; -- called also procurator fiscal.
  • (n.) The solicitor in Spain and Portugal; the attorney-general.

Example Sentences:

  • (1) Yet the Tory promise of fiscal rectitude prevailed in England Alexander had been in charge of Labour’s election strategy, but he could not strategise a victory over a 20-year-old Scottish nationalist who has not yet taken her finals.
  • (2) Matthias Müller, VW’s chief executive, said: “In light of the wide range of challenges we are currently facing, we are satisfied overall with the start we have made to what will undoubtedly be a demanding fiscal year 2016.
  • (3) Paul Johnson, the IFS director, said: “Osborne’s new fiscal charter is much more constraining than his previous fiscal rules.
  • (4) Documents seen by the Guardian show that blood supplies for one fiscal year were paid for by donations from America’s Office of Foreign Disaster Assistance (OFDA) and Britain’s Department for International Development (DfID) – and both countries have imposed economic sanctions against the Syrian government.
  • (5) Likewise, Merkel's Germany seems to be replicating the same erroneous policy as that of 1930, when a devotion to fiscal orthodoxy plunged the Weimar Republic into mass discontent that fuelled the flames of National Socialism.
  • (6) Unfortunately, under the Faustian pact we have witnessed a double whammy: fiscal policy being used to reduce government spending when the economy is already depressed.
  • (7) When you have champions of financial rectitude such as the International Monetary Fund and OECD warning of the international risk of an "explosion of social unrest" and arguing for a new fiscal stimulus if growth continues to falter, it's hardly surprising that tensions in the cabinet over next month's spending review are spilling over.
  • (8) As Greece pleads with its eurozone creditors for more time in meeting its fiscal adjustment targets, Dombrovskis is a fierce champion of surgical austerity applied quickly and ruthlessly.
  • (9) He still insists that the nation will return to surplus by 2020 – a make-or-break target that will define the success or failure of his fiscal mission.
  • (10) Would the Greek crisis have been avoided if Europe had stuck to fiscal discipline?
  • (11) Yet the OBR’s list of basic assumptions in its 260-page report on the economic and fiscal outlook this week are not exactly controversial: the UK to leave the EU in 2019; slower import and export growth in the transitional period; a tighter migration regime.
  • (12) Chris Williamson, of data provider Markit, said: "A batch of dismal data and a gloomier assessment of the economic outlook has cast a further dark cloud over the UK's economic health, piling pressure on the government to review its fiscal policy and growth strategy.
  • (13) A separate DWP-commissioned report, by the Institute of Fiscal Studies , on the impact of housing benefit caps for private sector tenants was welcomed by ministers as a sign that fears that the reform would lead to mass migration out of high-rent areas like London were unfounded.
  • (14) The authors provide an important description of a successful alternative foster parent recruitment effort, including the provision of fiscal incentives for foster parent recruiters.
  • (15) Canadian cancer care has evolved under systems of provincial and federal fiscal control and aims to optimize the management of patients within each province.
  • (16) These fiscal savings have been realized by our students and their parents.
  • (17) Moreover, uncertainty about the resolution of these fiscal issues could itself undermine business and household confidence," said Bernanke.
  • (18) European-wide standards and regulations are being formulated to remove the physical, fiscal, and technical barriers to the free movement of goods, services, capital, and people among member states.
  • (19) We are not doing it as loudly, we're not embracing it quite as much, but the fact of the matter is we do need a much more stimulative fiscal policy."
  • (20) Labour has suggested giving Holyrood control of income tax; the Lib Dems support the idea of fiscal autonomy; while the Conservatives say they are committed to "a strengthening of devolution".

Monetary


Definition:

  • (a.) Of or pertaining to money, or consisting of money; pecuniary.

Example Sentences:

  • (1) The International Monetary Fund, which has long urged Nigeria to remove the subsidy, supports the move.
  • (2) He said: "Monetary policy affects the exchange rate – which in turn can offset or reinforce our exposure to rising import prices.
  • (3) An employee's career advancement, professional development, monetary remuneration and self-esteem often may depend upon the final outcome of the process.
  • (4) When you have champions of financial rectitude such as the International Monetary Fund and OECD warning of the international risk of an "explosion of social unrest" and arguing for a new fiscal stimulus if growth continues to falter, it's hardly surprising that tensions in the cabinet over next month's spending review are spilling over.
  • (5) As he sits in Athens wondering when the International Monetary Fund is going to deliver another bailout, George Papandreou might be tempted to hum a few lines of Tired of Waiting for You.
  • (6) Britain will be the best performing of the world's major economies this year with growth of 2.9%, according to the International Monetary Fund, as consumer spending rebounds, inflation remains low and unemployment continues to fall steadily.
  • (7) The euro’s weakness – and its move to near-parity with the dollar – has come after a period of low and even negative interest rates as well as a programme of monetary stimulus measures from the European Central Bank.
  • (8) Ahead of a meeting of eurozone finance ministers, International Monetary Fund officials and the European Central Bank on Greece on Monday, the official made plain that there was unlikely to be any quick agreement.
  • (9) As Carsten Brzeski , senior economist at ING , puts it: Data released since the April rate-setting meeting have provided further evidence that more monetary action could be needed in the euro zone...
  • (10) Which would be fine if the separate economies in question were sufficiently aligned to be treated as one bloc for the purposes of monetary policy; but surely the contrasting fortunes of the core and peripheral countries even before 2008 suggest that is not (yet) the case?
  • (11) "If required, we will act swiftly with further monetary policy easing.
  • (12) That could make it more difficult to gain a majority decision to change monetary policy in either direction," says Nick Bate, economist at Bank of America in London.
  • (13) As the eurozone experience proves, sustaining a monetary union requires banking, fiscal and full economic union.
  • (14) The evidence increasingly shows that monetary policy, broadly defined and effectively deployed, can work, but with two caveats.
  • (15) Completing monetary union means four things – a banking union, a fiscal union, an economic union, a democratically legitimised political union.
  • (16) A few emerging-market economies have similar wobbles to Iceland but get assistance from the International Monetary Fund.
  • (17) Bernanke's announcement came after the International Monetary Fund, which is holding its annual meetings in Washington, warned that the world financial system was "back in the danger zone".
  • (18) Greece’s debt is currently around 175% of its annual national income, most of it owed to official creditors such as the European Central Bank or the International Monetary Fund.
  • (19) The nine members of the Bank’s monetary policy committee appear divided over the likely path of pay growth and the implications for when they should raise interest rates from the current record low of 0.5%.
  • (20) Monetary policy committee (MPC) member Adam Posen had also indicated on Thursday he was ready to vote for more electronic cash to be pumped into markets if it became clear the UK economy was entering another recession.