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monetize

mon·e·tize [ mónnə tz ] (past and past participle mon·e·tized, present participle mon·e·tiz·ing, 3rd person present singular mon·e·tiz·es)


transitive verb 
Definition:
 
1. make something legal tender: to make something the legal tender of a country

2. coin metal: to convert a metal into coins

3. convert debt into available money: to convert a government debt into available currency, especially by issuing securities

[Late 19th century. < Latin moneta (see money)]

mon·e·ti·za·tion [ mònnəti záysh'n ] noun
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