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monetize: Meaning and Definition of

mon•e•tize

Pronunciation: (mon'i-tīz", mun'-), [key]
— -tized, -tiz•ing.
  1. to legalize as money.
  2. to coin into money: to monetize gold.
  3. to give the character of money to.
  4. to convert (a debt, esp. the national debt) into currency, esp. by issuing government securities or notes.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also:
monetary unit money
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