Establishing something (e.g. gold or silver) as the legal tender of a country

Wiktionary Word definitions in Wiktionary
n. The conversion of something (especially metal) into money, the act of monetize.

Wikipedia Word definitions in Wikipedia
Monetization is the process of converting or establishing something into legal tender . While it usually refers to the coining of currency or the printing of banknotes by central banks , it may also take the form of a promissory currency (see text). The ...

WordNet Word definitions in WordNet
n. establishing something (e.g. gold or silver) as the legal tender of a country [syn: monetisation ] [ant: demonetization ]

The Collaborative International Dictionary Word definitions in The Collaborative International Dictionary
monetization \mon`e*ti*za"tion\, n. The act or process of converting into money, or of establishing something (e.g. gold or silver) as the legal tender of a country; as, the monetization of silver.

Douglas Harper's Etymology Dictionary Word definitions in Douglas Harper's Etymology Dictionary
1864; see monetize + -ation .