monetize

verb
mon·​e·​tize | \ˈmä-nə-ˌtīz 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 \ -​ˌtī-​zə-​bəl \ adjective
monetization \ ˌmä-​nə-​tə-​ˈzā-​shən also  ˌmə-​ \ noun

Examples of monetize in a Sentence

Recent Examples on the Web

Even our tech leaders, who have become apostles of success by monetizing our user data, seem to have no sense of how to leverage this resource for anything but private benefit. Jacob Silverman, Longreads, "Searching for a Future Beyond Facebook," 2 May 2018 But, Crockett said, one of the more concerning aspects of social media is that because social media platforms are built to monetize our attention the more outrageous stories are often shared. Elizabeth Wellington, Philly.com, "Think you're angrier lately? You probably are, and your Facebook feed is to blame | Elizabeth Wellington," 1 May 2018 Moms who want to follow in Rogers’ and Moody-Graham’s footsteps should think about their natural skills and look for ways to monetize them. Tamara E. Holmes, USA TODAY, "For these moms, side-hustle juggling balances out work, life and budget," 14 June 2018 This is challenging for streaming video platforms and content publishers that want to provide an optimal viewer experience, but need to monetize their content too. Ralf Jacob, Fortune, "AI Is About to Make Video Ads a Lot Less Annoying," 26 June 2018 Any dispute about how to monetize the assets will be referred to a mediator, according to the court documents. Bloomberg.com, "Lynn Tilton Stripped of Role Leading Zohar Funds in Bankruptcy Deal," 1 May 2018 This was the first club, after all, to realize the potential in soccer’s emerging markets, and then to work out how to monetize that popularity. Rory Smith, New York Times, "At Manchester United, a Win to Celebrate but Not to Savor," 25 Feb. 2018 As popular products like Instagram looked for a way to monetize, the app store model seemed like the easiest path to profitability. Russell Brandom, The Verge, "Will third-party plugins survive the tech backlash?," 6 July 2018 But to be fair to the protesters, the NFL and its advertisers have been remarkably successful at monetizing patriotism. Chris Stirewalt, Fox News, "The House is revolting," 25 May 2018

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

Statistics for monetize

Last Updated

1 Nov 2018

Look-up Popularity

Time Traveler for monetize

The first known use of monetize was circa 1879

See more words from the same year

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

monetize

transitive verb
mon·​e·​tize | \ˈmä-nə-ˌtīz \
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

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

playful or foolish behavior

Get Word of the Day daily email!

Test Your Vocabulary

Autumn Words of the Day 2018

  • a-top-down-image-of-road-through-an-autumn-forest
  • Which is a synonym of fugacious?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
SCRABBLE® Sprint

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!