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tr.v. mon·e·tized, mon·e·tiz·ing, mon·e·tiz·es
1. To convert (an asset) into cash, as by selling the asset or using it as security for a loan.
2. To convert into a source of income: monetized website visitors by selling advertising space.
3. To express or render in terms of money: monetize environmental benefits that stem from the avoidance of greenhouse gases.
4. To purchase (government debt) in the open market using central bank funds, leading to an expansion of the money supply.
5. To establish (a metal) as a currency, especially by minting coins.
6. To convert (an economy or sector) from a system of barter to one based on the exchange of money.
[From Latin monēta, money; see money.]
mon′e·ti·za′tion (-tĭ-zā′shən) n.
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|Noun||1.||monetization - establishing something (e.g. gold or silver) as the legal tender of a country|
validation, substantiation, proof - the act of validating; finding or testing the truth of something