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Money vs Monies

I have seen the plural of money, monies, used. It sounds a bit awkward but extravagant and I like the sound but not sure when it is correct to use it instead of the regular singular. Any idea?

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marked as duplicate by MετάEd, tchrist, Matt E. Эллен, Hugo, coleopterist Dec 3 '12 at 17:48

This question has been asked before and already has an answer. If those answers do not fully address your question, please ask a new question.

if closed as a dupe, shouldn't the closer submit the original thread URL? – amphibient Dec 3 '12 at 18:00
The closer has no other choice. The URL is added automatically. – RegDwigнt Dec 3 '12 at 19:25
Look about four inches (10 cm) above your comment. – MετάEd Dec 3 '12 at 19:25

In ordinary usage "money" is a mass noun with a collective sense, and there is no need to pluralize it.

But in law and accounting, money is a countable noun which can be pluralized to express the idea of individual sum of money; in this case you can use both "moneys" and "monies". (Reference: CGEU)

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