What context can I use each word in?
Learn when and how to use these words with these examples!
pecuniary
Example
The company suffered a pecuniary loss due to the economic downturn. [pecuniary: adjective]
Example
The judge ordered the defendant to pay a pecuniary fine for their actions. [pecuniary: adjective]
economic
Example
The government implemented new economic policies to boost job growth. [economic: adjective]
Example
The country's economic situation has improved in recent years. [economic: noun]
Good things to know
Which word is more common?
Economic is more commonly used than pecuniary in everyday language, as it has a wider range of applications and is more versatile. Pecuniary is more commonly used in legal or financial contexts.
What’s the difference in the tone of formality between pecuniary and economic?
Pecuniary is typically associated with a formal or legal tone, while economic can be used in both formal and informal contexts.