Meaning & use
pecuniary interest
Last updated
Meaning
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
| plural | pecuniary 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?
Choose one answer.
Having a pecuniary interest means she could benefit financially, so she must declare it and avoid voting. The other options either ignore the conflict or try to bypass it improperly.
Make it your own
Write a sentence using “pecuniary interest”, then check it and compare it with the examples above.