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monetize
The Collaborative International Dictionary
Monetize

Monetize \Mon"e*tize\, v. t. To convert into money; to adopt as current money; as, to monetize silver.

Douglas Harper's Etymology Dictionary
monetize

1880, "put into circulation as money," from Latin moneta "money" (see money) + -ize. Related: Monetized; monetizing.

Wiktionary
monetize

alt. 1 To convert something (especially a security) into currency 2 To mint money 3 To establish a currency as legal tender 4 To make a business activity profit-generating, particularly in computer and internet-related activities. vb. 1 To convert something (especially a security) into currency 2 To mint money 3 To establish a currency as legal tender 4 To make a business activity profit-generating, particularly in computer and internet-related activities.

WordNet
monetize

v. give legal value to or establish as the legal tender of a country; "They monetized the lira" [syn: monetise]

Usage examples of "monetize".

A legal form, signed by the secretary of the treasury more than half a century ago, that would monetize the Double Eagle.

The Treasury Department prohibited the Mint from monetizing, or legitimatizing, any gold coins from that point on.

He enters that on the books as a bank asset, credits your account with one hundred shekels, gives you a bank book, and some blank checks, and you thank him for the money, which is new money, monetized by your security and existing only as bookkeeping entries.