Meaning & use

pecuniary interest

noun·Advancedformallegalbusiness

Last updated

UK/pɪˈkjuːniəri ˈɪntrəst/
US/pɪˈkjuːnieri ˈɪntrəst/

Meaning

  1. nouncountableformallegalbusiness

    A financial stake or potential financial benefit that someone has in a decision or situation.

    Grammar: Countable; you can say 'a pecuniary interest' or 'pecuniary interests'. Often used in the phrase 'have a pecuniary interest in something'.

    Patterns

    • have a pecuniary interest in something
    • declare a pecuniary interest
    • a pecuniary interest in a company

    The judge had to step down because she had a pecuniary interest in the outcome of the case.

    All board members must declare any pecuniary interest before the vote.

    He was accused of hiding his pecuniary interest in the land deal.

Word forms

pluralpecuniary interests

Common combinations

declare a pecuniary interest
Politicians are required to declare a pecuniary interest in any relevant debate.
have a pecuniary interest in
She has a pecuniary interest in the company that won the contract.
pecuniary interest in a matter
Any pecuniary interest in the matter must be reported to the committee.
disclose a pecuniary interest
He failed to disclose a pecuniary interest in the property.

Synonyms and how they differ

financial interest
A more common and less formal way to say the same thing; it can also include non-cash benefits, while 'pecuniary' specifically means money.
material interest
A broader legal term that can include non-financial benefits; 'pecuniary' is narrower and strictly about money.

Word family

pecuniary adjective
Relating to money; e.g., 'pecuniary loss' means financial loss.
pecuniarily adverb
In a financial way; very rare and formal.

Commonly confused: pecuniary interest or peculiar?

pecuniary interest vs peculiar

This means strange or unusual, not related to money. The similar sound can cause confusion.

Practice

A city council member owns shares in a construction company that is bidding for a city contract. What should she do?

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