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

Keep scrolling for more

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 Twitter also announced plans to grow its monetized daily active users in 2020 and beyond by 20 percent or more, accelerate revenue growth on a year-over-year basis and gain share in the digital advertising market. Washington Post, "Twitter to give board seats to activist investor Elliott Management and equity firm Silver Lake," 9 Mar. 2020 The company monetized its user base with ads, and Zuckerberg became one of the richest people in the world, his name hoisted into the pantheon of PC Forum legends. Steven Levy, Wired, "Inside Mark Zuckerberg's Lost Notebook," 12 Feb. 2020 Hnath was writing about all kinds of relevant things: the difficulty of speaking out and the perils of someone monetizing and reinterpreting your truth, in the all-American way. Chris Jones, chicagotribune.com, "Theater Top 10 in Chicago in 2019: A celebration of the explosive work of powerful women," 24 Nov. 2019 The technology gives anyone with an idea and an internet connection the ability to monetize their creativity and start a global merchandising line with no overhead, no inventory, and no risk. Roger Sollenberger, Wired, "The Freewheeling, Copyright-Infringing World of Custom-Printed Tees," 16 Mar. 2020 Of course, Parentaly is not the only company to identify—and attempt to monetize—these societal shifts. Fortune, "Companies are eager to improve paid parental leave. How can they make sure to do it right?," 13 Mar. 2020 The app has become a major platform for brands looking to monetize user attention, especially that of Gen Z audiences. Alexandria Williams, Quartz Africa, "TikTok is quietly snapping up creatives from YouTube and Instagram for a full Africa roll-out," 10 Mar. 2020 As online platforms have grown faster and larger, so has interest from brands that seek to monetize users’ attention. Matthew De Silva, Quartz, "How three very different brands mastered TikTok," 27 Feb. 2020 Among their other myriad of income opportunities, Harry and Meghan are going to be able to monetize their Instagram account in a big way. Kayleigh Roberts, Marie Claire, "Prince Harry and Meghan Markle Could Earn £85K Per Instagram Post After the Royal Exit, Expert Says," 23 Feb. 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.

See More

First Known Use of monetize

circa 1879, in the meaning defined at sense 1

History and Etymology for monetize

Latin moneta

Keep scrolling for more

Learn More about monetize

Time Traveler for monetize

Time Traveler

The first known use of monetize was circa 1879

See more words from the same year

Statistics for monetize

Last Updated

4 Apr 2020

Cite this Entry

“Monetize.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/monetize. Accessed 5 Apr. 2020.

Keep scrolling for more

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

Comments on monetize

What made you want to look up monetize? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

See Definitions and Examples »

Get Word of the Day daily email!

Test Your Vocabulary

Name that Thing: Flower Edition

Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Bee Cubed

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!