- to coin into money
- to legalize as money
Origin of monetize; from Classical Latin moneta, a mint + -ize
transitive verbmon·e·tized, mon·e·tiz·ing, mon·e·tiz·es
- To convert (an asset) into cash, as by selling the asset or using it as security for a loan.
- To convert into a source of income: monetized website visitors by selling advertising space.
- To express or render in terms of money: monetize environmental benefits that stem from the avoidance of greenhouse gases.
- To purchase (government debt) in the open market using central bank funds, leading to an expansion of the money supply.
- To establish (a metal) as a currency, especially by minting coins.
- To convert (an economy or sector) from a system of barter to one based on the exchange of money.
Origin of monetizeFrom Latin mon&emacron;ta, money; see money.
(third-person singular simple present monetizes, present participle monetizing, simple past and past participle monetized)