Definitions for monetizeˈmɒn ɪˌtaɪz, ˈmʌn-
This page provides all possible meanings and translations of the word monetize
Random House Webster's College Dictionary
mon•e•tizeˈmɒn ɪˌtaɪz, ˈmʌn-(v.t.)-tized, -tiz•ing.
to legalize as money.
to coin into money:
to monetize gold.
Origin of monetize:
1875–80; < L monēt(a)money+ -ize
give legal value to or establish as the legal tender of a country
"They monetized the lira"
To convert something (especially a security) into currency
To mint money
To establish a currency as legal tender
to convert into money; to adopt as current money; as, to monetize silver
Means "To make revenue from" in as in the sentence, "Facebook has yet to figure out how to monetize their 55 million users." It used to mean the process of physically making money (like governments do), but it is rarely used in that that context anymore.
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