Monetize Edit Meaning

1.

to introduce a thing as currency, e.g., silver, gold, copper. In nearly all cases, when something has been monetized, it is legal tender and debtors are legally obligated to accept it as payment for debt.

Debt can also be monetized. A government can either buy the debt of companies whose growth it favors as a matter of policy (as in pre-War Japan) or permit its own bonds to be be used as banking reserves (for the creation of money).

In 1878 Congress passed the Bland Bill, which monetized silver at a ratio of 16:1 to gold.

See money, monetary policy, economics, business, finance

2.

To turn a business such as Twitter into a way of raising revenue.

Urban Dictionary decided to further monetize itself by selling coffee mugs.

See monetize, money, currency

3.

screw the customer, take something that is already good and make it less useful or fill it with obnoxious ads in order to make money from it

Game developer: I finished the game.

Publisher: Lets monetize it!

Game developer: ??

Publisher: We lock content that is already on the disk, and then charge people a fee to use it!

Game developer: That seems unethical.

Publisher: Monetize!

See video game, website, advertising, evil