monetization

/ˌmɑnətəˈzeɪʃən/
noun
  1. The process of turning something into money or a source of income.
    • The company focused on the monetization of its popular mobile app through ads.
    • The new policy changed the monetization of digital music sales.
    • Many bloggers struggle with the monetization of their content.
  2. The act of officially establishing something as legal money.
    • Historians studied the monetization of silver in ancient economies.
    • The government announced the monetization of gold reserves.
    • The monetization of the new currency took several years.
What does "monetization" mean? | whatsthatwordmean | whatsthatwordmean