pecuniary resource

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pecuniary resource

A family reviews their pecuniary resources while planning a budget.

Definition

Noun: - Assets in the form of money: This term refers to the total amount of money or cash-equivalent assets that an individual, organization, or entity possesses and can use.

Usage

"Pecuniary resource" is a formal term used to describe monetary assets or financial means. It is often used in legal, economic, or formal business contexts to discuss the availability of funds.

Examples
  • Noun:
    • The startup's primary pecuniary resource was the initial investment from its founders.
    • The charity's ability to help depends entirely on its pecuniary resources.
    • He lacked the pecuniary resources necessary to pursue the legal case.
Advanced Usage
  • "To draw upon pecuniary resources": to use available money or funds.
    • The government had to draw upon its pecuniary resources to fund the emergency relief effort.
Variants and Related Words
  • Funds (n): a sum of money saved or made available for a particular purpose.
    • The project was completed using public funds.
  • Capital (n): wealth in the form of money or other assets owned by a person or organization.
    • The company is seeking new capital to expand.
  • Financial assets (n): assets that derive value from a contractual claim, such as cash, stocks, or bonds.
Synonyms
  • Finances: the monetary resources and affairs of a state, organization, or person.
  • Monetary assets: assets that can be readily converted into cash.
  • Cash reserves: money that is kept available by a company or government for immediate use.
Related Phrases
  • Pecuniary interest: a financial interest in a matter, which could influence one's actions or judgment.
    • The councilor declared a pecuniary interest in the land development proposal.
  • Pecuniary advantage: a financial benefit or gain.
    • He obtained a pecuniary advantage by deceiving his clients.
pecuniary resource

A family reviews their pecuniary resources while planning a budget.

Noun
  1. assets in the form of money