monetize

especially British, mon·e·tise

[mon-i-tahyz, muhn-]

verb (used with object)

monetized, monetizing 

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.

5. to make a profit or derive income from.

   Lots of people download the game, but the start-up hasn’t been able to monetize the add-on features.

monetize

/ ˈmʌnɪˌtaɪz /

verb

1. to establish as the legal tender of a country

2. to give a legal value to (a coin)

Other Word Forms

• monetization noun

Word History and Origins

Origin of monetize¹

First recorded in 1875–80; from Latin monēt(a) money + -ize

Example Sentences

To Ellison, harnessing, managing, and monetizing data was, is, and will always be paramount.

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The new policy, which is set to go into effect Dec. 16, offers a glimpse of how tech companies plan to monetize costly artificial-intelligence efforts.

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Schulman is focused on better monetizing the assets Verizon now has and improving customer experience, according to a person familiar with the matter.

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“Trying to figure out exactly how we were going to monetize best wasn’t as obvious 10 years ago,” Hofmann said.

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Right now he’s struggling to match fellow entrepreneur Sam Altman in the all-important race to monetize artificial intelligence.

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