Monetize
volume
British pronunciation/mˈɒnɪtˌaɪz/
American pronunciation/ˈmɑnəˌtaɪz/

Definitie & Betekenis van "monetize"

to monetize
01

monetariseren

to officially make a specific currency the accepted and legal form of money in a country
02

monetariseren

to turn a non-cash asset, such as property, investments, or debt, into cash
example
Voorbeeld
examples
Governments may monetize new currency notes to replace older ones and ensure their legal status.
In times of economic instability, countries may decide to monetize a more stable currency.
When a country undergoes economic changes, it may choose to monetize a new form of currency.
The government's decision to monetize a specific currency is essential for its acceptance in everyday transactions.
The investor monetized a portion of his portfolio to fund the new business venture.
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