Question for DU accounting / financial types: What the HELL is the difference between

[Redstone]

money and monies?

Is there any? Is "monies" just a pretentious word, as I suspect? I've wondered about this for a long time.

I mean, nobody ever says "how many monies do I owe you?" Do they?

Thanks in advance.

Redstone

[wildhorses]

1. would it have something to do with the fact that "it" comes from

different accounts? :shrug:

[Redstone]

2. Damn if I know. That's why I asked.

Redstone

[Gormy Cuss]

3. Good question!

Monies is used in legalese but I can't recall anyone using it conversationally.

Don't ask me about food insecurity. Nobody believes me.
:grr:

[Redstone]

4. Food insecurity! I read about that in the paper this morning! Is it 1984 yet?

Redstone

[Gormy Cuss]

6. Actually, I was using the term in 1984 and before.

The media yet again is putting the emphasis on the wrong part of the story. Economists, sociologists, and their ilk have used the term 'food insecurity' for a long time. The issue is really about dropping the word 'hunger.'

[Redstone]

8. Yes, that's what it's about indeed. When "Economists, sociologists, and their ilk"

use the term, that's one thing. I do understand what it might mean when the "ilk" crowd uses it, and I bet it's a legitimate term when they do.

But when the government uses it to replace the word "hunger," it's another thing entirely.

Redstone

[Kelly Rupert]

5. Same difference between people and peoples.

"Money" is a mass noun, and "monies" is its plural, though it's rarely used except as financial jargon.

[Redstone]

9. Context: I saw an e-mail tonight from one of Mrs R's customers, outlining

who an invoice generated by her customer had been adjusted for prior payments, and so on.

The e-mail kept quoting "monies owed to (customer name)."

Is that, then, a legitimate use, or just someone trying to sound hifalutin?

It seems you know what you're talking about, so I'll trust your answer.

Redstone

[GOPisEvil]

7. Monies is just a plural.

It indicates not just one stream of funds, but, rather, all of them. It's more legalese that anything else.

[Redstone]

10. The hell does that mean? Please define for me "one stream of funds."

Thanks.

Redstone

[GOPisEvil]

11. Let's say I am buying a house with a mortgage and a gift from my parents.

The seller would want to know all monies I was going to use to finance the purchase.

That's kind of a bad example, but I hope it answers your question.

[Redstone]

14. Aha. Now it's starting to become clear. Thank you.

Redstone

[justfred]

12. It has different meanings...

...but mainly referring to funds in either many diverse accounts...

...or funds from many different sources....

[Redstone]

15. Third answer I've gotten that says that, so it must be the case. Thank you.

Redstone

[barb162]

13. There's no diff. It's stilted usage that lawyers don't like

to take out of contracts, like "null and void"

[ChoralScholar]

16. it is different sets of money, referred to together

For example, I can talk about the money in my pocket.
or, I can talk about the money in my Checking Account
or, my Operating Budget
or, my Choir Activity account.

If I want to refer to them all collectively, I would refer to them as monies.

It's like people and peoples.