Recent Examples of monetize from the Web
Google Station hotspots are free to use, although the plan is to monetize them at some point, with proceeds to be shared with partners including local city councils.
MoviePass just secured a new round of funding based on this business model of luring a bunch of new customers with the promise of monetizing their movie habits later.
In exchange for knowing everything about us and monetizing our friendships, Facebook builds a shadowy and superpowerful corporate empire that may well propel its founder into the White House one day.
Remember, being brown in the workplace is only useful to the extent your employer can monetize it.
The new market perception of Snapchat reflects Wall Street fears that the company can’t compete against the likes of Facebook, which has rolled out a series of features that mimic Snapchat’s core functionality, or properly monetize itself.
One possible explanation: consumers are reluctant to monetize cherished possessions.
But at the same time, this online accessibility has changed the way a lot of artists monetize their work.
The NFL and Major League Baseball also could monetize sports betting, either by offering online games—which could be difficult because state laws will differ—or by selling sponsorships to sportsbooks, as English Premier League soccer teams do.
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.
Origin and Etymology of monetize
First Known Use: circa 1879See Words from the same year
Financial Definition of MONETIZE
What It Is
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.
legal Definition of monetize
Seen and Heard
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