verb (used with object), mon·e·tized, mon·e·tiz·ing.
to legalize as money.
to coin into money: to monetize gold.
to give the character of money to.
Economics. to convert (a debt, especially the national debt) into currency, especially by issuing government securities or notes.
Also especially British, mon·e·tise.
Origin of monetize
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
to establish as the legal tender of a country
to give a legal value to (a coin)
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
Online Etymology Dictionary, © 2010 Douglas Harper