Definition of Monetize:
"Monetize" refers to the process of turning a non-revenue-generating item into cash, essentially liquidating an asset or object into legal tender.
To mint a metal into money.
To establish as legal tender.
To pay a governments local debt by printing more money.
The term "monetize" has different meanings depending on the context. Governments monetize debt to keep interest rates on borrowed money low. Though, if the need should arise, they may also do so to avoid a financial crisis, while businesses monetize products and services to generate profit. Monetization goes hand-in-hand with capitalism—and is just about as old. The process of monetizing is very important to a business or other entity's growth as it is key to its strategic planning. .
How to use Monetize in a sentence?
- The U.S. Federal Reserve monetizes the nation's debt by buying notes, bills, and bonds—collectively known as Treasuries—issued by the U.S. Treasury, which keeps interest rates low.
- Monetize refers to the process of turning a non-revenue-generating item into cash, essentially liquidating an asset or object into legal tender.
- Website owners monetize their websites by making spaces available to advertisers, thereby earning income from various types of content published on their sites.
Meaning of Monetize & Monetize Definition