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monetize

[mon-i-tahyz, muhn-]
verb (used with object), mon·e·tized, mon·e·tiz·ing.
  1. to legalize as money.
  2. to coin into money: to monetize gold.
  3. to give the character of money to.
  4. Economics. to convert (a debt, especially the national debt) into currency, especially by issuing government securities or notes.
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Also especially British, mon·e·tise.

Origin of monetize

1875–80; < Latin monēt(a) money + -ize
Related formsmon·e·ti·za·tion, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for monetising

monetize

monetise

verb (tr)
  1. to establish as the legal tender of a country
  2. to give a legal value to (a coin)
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Derived Formsmonetization or monetisation, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Word Origin and History for monetising

monetize

v.

1880, "put into circulation as money," from Latin moneta "money" (see money) + -ize. Related: Monetized; monetizing.

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Online Etymology Dictionary, © 2010 Douglas Harper