Synonyms in Detail: financially and monetarily Usage & Differences

What context can I use each word in?

Learn when and how to use these words with these examples!

financially

Example

I am not doing well financially and need to find a way to save money. [financially: adverb]

Example

The company's financial report shows a significant increase in revenue. [financial: adjective]

monetarily

Example

The artwork has great sentimental value, but its monetary worth is not as high. [monetary: adjective]

Example

The loss of the contract will have a significant impact monetarily on the company. [monetarily: adverb]

Good things to know

Which word is more common?

Financially is more common than monetarily in everyday language and is used in a variety of contexts. Monetarily is less common and is typically used in more formal or technical settings.

Whatโ€™s the difference in the tone of formality between financially and monetarily?

Monetarily is more formal than financially and is typically used in more professional or academic settings. Financially is more versatile and can be used in both formal and informal contexts.

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