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

Definition & Meaning of "monetize"

to monetize
01

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

02

to turn a non-cash asset, such as property, investments, or debt, into cash

monetize

v

monetization

n

monetization

n
example
Example
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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