What's the difference between monetary and pecuniary?

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.

Pecuniary


Definition:

  • (a.) Relating to money; monetary; as, a pecuniary penalty; a pecuniary reward.

Example Sentences:

  • (1) Recommendations were also put forward that no damages should be permitted for non-pecuniary loss during the first 3 months and that the full value of the social security benefits should be deductible from all tort damages.
  • (2) Mark Stephens, a media lawyer with London firm Finers Stephens Innocent, said that if Werritty had handed out business cards, he might have been "obtaining a pecuniary advantage by deception" if he benefited by allowing others to assume he was Fox's real adviser.
  • (3) Section 2 of the Fraud Act 2006 makes it a criminal offence, punishable by up to 10 years in prison, to dishonestly make a false representation with the intention of putting someone at risk of pecuniary loss or with the intention of making a pecuniary gain for another.
  • (4) He says he has forgotten what gifts were declared on his pecuniary interests register but suggested you declare everything unless it is well below the threshhold.
  • (5) No one could’ve been more suitable for this role than he, who bubbled away his evenings in Simpson’s in the Strand or the Cafe Royal, who spent royally when he had money and borrowed regally when he didn’t, and whose contacts with the working class – with the exception of servants – were at once amatory and pecuniary.
  • (6) The prime minister’s pecuniary interest register does not list his daughter’s scholarship.
  • (7) It remains unclear why, having checked the value of this box, the premier did not also check the value of the "wonderful wine" he had received from Di Girolamo, nor declare it in his pecuniary interests register.
  • (8) The company could be prosecuted, suggests McCabe, for "possible offences committed against the Copyright, Designs and Patents Act 1988, as well as conspiracy and obtaining a pecuniary advantage".
  • (9) David Howarth, a former Lib Dem MP and a law lecturer at Clare college Cambridge, writing on theguardian.com , suggested: "Section 2 of the Fraud Act 2006 makes it a criminal offence, punishable by up to 10 years in prison, to dishonestly make a false representation with the intention of putting someone at risk of pecuniary loss or with the intention of making a pecuniary gain for another.
  • (10) On the same date, according to her pecuniary interests register , she had complimentary tickets to Opera Australia’s New Year’s Eve celebrations.
  • (11) But according to the statement of ministerial standards , written by Tony Abbott, “ministers must have regard to the pecuniary and other private interests of members of their immediate families, to the extent known to them, as well as their own interests, in considering whether a conflict or apparent conflict between private interests and official duty arises”.
  • (12) This group denounced the practice of doctors attending normal births for pecuniary reasons, thus displacing midwives.
  • (13) In particular, there is a great need to investigate the cost-effectiveness of therapies and then persuade physicians, via pecuniary and nonpecuniary incentives, to behave in a manner which leads to more equitable and efficient health care outcomes.
  • (14) If Palmer wins his own lower house seat of Fairfax, his first challenge as a member is filling out the pecuniary interest register, where he has to declare company directorships, shares, property, incentives and gifts.
  • (15) "The finding of a violation constitutes in itself sufficient just satisfaction for any non-pecuniary damage sustained by the applicant," it said.
  • (16) Monday evening’s letter said the humanitarian aid would be fiscally neutral, not affecting the budget, that aid to the poor would be “non-pecuniary”, for example by issuing food stamps.
  • (17) Ministers must have regard to the pecuniary and other private interests of members of their immediate families, to the extent known to them, as well as their own interests, in considering whether a conflict or apparent conflict between private interests and official duty arises,” the standards say.
  • (18) Even major changes in reimbursement policies will not affect the relative pecuniary attractiveness of procedure-oriented medical subspecialties.
  • (19) On Thursday the prime minister’s office maintained that the scholarship did not need to be declared on Abbott’s pecuniary interests register as it was “not a gift, it is an award based on merit and disclosure is not required”.
  • (20) The registrar of the parliamentary pecuniary interest registers, Claressa Surtees, told New Matilda the disclosure rules for parliamentarians did not provide a comprehensive list about what should or should not be disclosed.