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Meaning of MONETIZE

Pronunciation:  'muni`tIz

WordNet Dictionary
 
 Definition: [v]  give legal value to or establish as the legal tender of a country; "They monetized the lira"
 
 Websites: 
 
 Synonyms: monetise
 
 See Also: decriminalise, decriminalize, legalise, legalize, legitimate, legitimatise, legitimatize, legitimise, legitimize

 

 

Webster's 1913 Dictionary
 
 Definition: 
\Mon"e*tize\, v. t.
To convert into money; to adopt as current money; as, to
monetize silver.
 

 

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