Lynn Gaertner-Johnston has helped thousands of employees and managers improve their business writing skills and confidence through her company, Syntax Training. Which term does your company use for discrete sums of money? Moneys? Monies? Funds? Or simply money? Please share your experience. The Gregg Reference Manual recommends, "To avoid the use of either plural, simply write funds." I like that approach, but I believe funds can have a different meaning from moneys (or monies) in certain situations for example, retirement funds are not always the same as retirement monies. To answer Jim's question, in Garner's Modern American Usage, Bryan Garner explains, " Moneys is frequently used, especially in financial and legal contexts, to denote 'discrete sums of money' or 'funds.' " However, monies, an irregular plural form (irregular because it does not follow normal rules for forming plurals), is also common in legal documents and banking. The regular plural form of the noun is moneys. The collective noun money works fine in this sample sentence: The money should be disbursed. Here is what I found in my research this evening: In my 20+ years of teaching business writing, I have never before been asked this question, and I was not sure of the answer. Jim wondered whether the term money would be sufficient. Today I led a business writing class at a bank, an institution whose work revolves around money–or is it monies?Ī participant in the class, whom I will call Jim, noted that his manager uses the term monies when referring to funds being disbursed.
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