Definitions for "Pecuniary"
Relating to money; monetary; as, a pecuniary penalty; a pecuniary reward.
Consisting of money.
Members are legally required to publicly state at the beginning of a meeting whether they have any financial (pecuniary) or general (non-pecuniary) involvement/vested interest in any items to be discussed on the agenda eg direct links with a contractor. The declaration of an interest might mean that the Member cannot take part in any decision or discussion on the subject.