monetize

verb
mon·​e·​tize | \ ˈmä-nə-ˌtīz How to pronounce monetize (audio) also ˈmə- \
monetized; monetizing

Definition of monetize

transitive verb

1 : to coin into money also : to establish as legal tender
2 : to purchase (public or private debt) and thereby free for other uses moneys that would have been devoted to debt service
3 : to utilize (something of value) as a source of profit

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Other Words from monetize

monetizable \ ˈmä-​nə-​ˌtī-​zə-​bəl How to pronounce monetizable (audio) also  ˈmə-​ \ adjective
monetization \ ˌmä-​nə-​tə-​ˈzā-​shən How to pronounce monetization (audio) also  ˌmə-​ \ noun

Examples of monetize in a Sentence

Recent Examples on the Web The split could create friction internationally over privacy standards adopted in the age of 5G and possibly result in a fractured set of policies regulating the ways networks are monetized, advertised, and used. Nihal Krishan, Washington Examiner, "Indians and Chinese more willing to trade privacy for 5G speeds," 14 Feb. 2020 As the years passed, Obbink seemed more interested in monetizing his work—a common enough practice in the sciences, but rare in the humanities. Ariel Sabar, The Atlantic, "A Mystery at Oxford," 13 May 2020 YouTube, which is also owned by Google’s parent company Alphabet, has a similar policy in its advertising guidelines specifying that videos that cover controversial issues or sensitive events are not eligible to be monetized for advertisements. Matthew Brown, USA TODAY, "Fact check: Did Google suspend a church’s app from Google Play?," 20 Apr. 2020 The Federal Reserve is monetizing much of this new debt, bloating its balance sheet with an unprecedented $3.6 trillion in Treasury issuances. Brian Blase, National Review, "It’s Time to Redesign Government-Hospital Coronavirus Funding," 20 Apr. 2020 The question facing the broader travel industry during this period of disruption is whether any of these virtual offerings will have staying power or can be monetized after the coronavirus pandemic subsides. Gregory Thomas, SFChronicle.com, "‘Virtual tourism’ is suddenly everywhere in coronavirus era. Will it stick?," 12 Apr. 2020 For now, though, the editorial content is seen as a way to identify talent that can then be monetized—by putting a microphone in front of star writers and reporters. Alex Shephard, The New Republic, "What the Spotify Acquisition of The Ringer Says About Online Media," 6 Feb. 2020 Yet as demand surges, news organizations’ ability to monetize their product is declining. Philip M. Napoli, Wired, "People Read a Lot of Covid News—but It Won't Save the Media," 31 Mar. 2020 Now imagine missing out on the chance to monetize fire. Aric Jenkins, Fortune, "A.I. is “the most important project humanity will ever work on”," 23 Jan. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'monetize.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of monetize

circa 1879, in the meaning defined at sense 1

History and Etymology for monetize

Latin moneta

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Time Traveler for monetize

Time Traveler

The first known use of monetize was circa 1879

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Statistics for monetize

Last Updated

30 May 2020

Cite this Entry

“Monetize.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/monetize. Accessed 6 Jun. 2020.

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More Definitions for monetize

monetize

verb

Financial Definition of monetize

What It Is

To "monetize" something is to convert non-revenue generating assets into sources of revenue.  In economic terms, monetize means to convert any event, object or transaction into a form of currency or something with transferable value.

How It Works

For example, over time, a company may develop any number of systems or assets that are part of the company's overhead and infrastructure, supporting the company in selling its products or services.  Examples of these may include a safe storage system or an innovative and efficient distribution system or an information system to track sales, monitor projects, track personnel time, account for funds or even report on company activities.  These systems are typically non-revenue generating, in that they are not sold to generate revenues independently of the company's core product or service.

But sometimes a company may be able to find an independent market for these systems.   When the company begins to package and sell these traditionally non-revenue generating systems, the company "monetizes" them, creating new sources of revenue for the company.

In another example, a flow of traffic to a destination, such as tourists to a historic site, can be monetized by capturing retail sales from those tourists en route to the historic site.  At the same time, Internet surfing "traffic" to popular websites has been "monetized" by selling advertising space and getting site visitors to view the advertisement.

Why It Matters

The process of figuring out creative ways of monetization is about as old as capitalism (which is only about 300-400 years old in its current form).   The processes of monetization -- that is, thinking systematically about how to convert something into cash -- is a valuable part of a business's strategic planning process.

Similarly, the capital markets are constantly innovating and finding new ways to monetize market transactions, using letters of credit, standby guarantees, derivatives and swaps to allow for the creation of new tradable financial products.

Source: Investing Answers

mon·​e·​tize | \ ˈmä-nə-ˌtīz How to pronounce monetize (audio) \
monetized; monetizing

Legal Definition of monetize

1 : to coin into money also : to establish as legal tender
2 : to purchase (public or private debt) and thereby free for other uses moneys that would have been devoted to debt service
3 : to utilize (something of value) as a source of profit

More from Merriam-Webster on monetize

Rhyming Dictionary: Words that rhyme with monetize

Nglish: Translation of monetize for Spanish Speakers

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