[ mon-i-tahy-zey-shuhn, muhn- ]
/ ˌmɒn ɪˌtaɪˈzeɪ ʃən, ˌmʌn- /
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the act or process of making an income from something that otherwise would not generate revenue: The benefits of a partnership with us include web content monetization through advertising, promotions, and user subscriptions.
Economics. the act or process of converting a debt, especially the national debt, into currency, as by issuing government bonds or printing more money: Observers of the continuous monetization of U.S. debt cannot avoid concern about the dollar's value as the supply of ever more dollars pours out of the Federal Reserve.
the act of converting gold, diamonds, or other precious commodities to money; liquidation: Another option is the monetization of gold—investors can park their stash of gold with banks, which will turn it into a monetary deposit.
the act of designating a particular metal for use as currency: In India, the monetization of silver to replace cowrie shells is less than a thousand years old.
the act of converting an economy to the exchange of goods and services for money rather than barter or payment in kind: With the monetization of the economy and the stagnation of agriculture, peasants were forced to sell their land.
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Also especially British, mon·e·ti·sa·tion .

Origin of monetization

First recorded in 1855–60; Latin monēt(a) “coinage, money” + -ization; see origin at mint2
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

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