monetize
verb
also ˈmə-\
Definition of monetize
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Other Words from monetize
also ˈmə- \
adjective
also ˌmə- \
noun
Examples of monetize in a Sentence
Recent Examples on the Web
So that was kind of what pushed me toward monetizing it. — Chris Varias, Cincinnati.com, "Jay Mohr brings his brand of wizardry to Cincy Brew Ha-Ha," 20 Aug. 2019 Jed Emerson, who pioneered early attempts to monetize the economic value of social impact, makes the same point in his recent book The Purpose of Capital. — Wired, "Philanthropy and the Challenge of Quantifying Success," 30 July 2019 Amazon also noted that the site has generated very little revenue overall, less than a thousand dollars. 8Chan, where three racist mass killers have posted their screeds, is protected by @Cloudflare, hosted by @tucows and is monetized by @amazon. — Aja Romano, Vox, "Vox Sentences: Two mass shootings in 24 hours," 5 Aug. 2019 However, also in this time, everything is monetized. — Los Angeles Times, "How the rich get spending money: Locking fine art in storage and borrowing against it," 1 Aug. 2019 As Americans are in the mood to declutter lately, people are monetizing all their stuff — and some of it is junk. — Maria Halkias, Dallas News, "Retail Therapy: CBD-infused products land in Texas, and Swappa wants to sell your electronics," 26 July 2019 Like so much of social media, most of the users are just thinking about the fun aspects, not how it might be monetized and weaponized. — Kristina Libby, Popular Mechanics, "Giving Your FaceApp Selfie to Russians Is a Really Bad Idea," 17 July 2019 Such forgiveness would also eliminate a quality-control device that drives students to ensure their investment can be monetized to cover their costs. — Michael Solon, WSJ, "Who Pays for Student-Debt Forgiveness?," 26 June 2019 When videos are age-restricted, they can't be monetized or seen by people under age 18. — Kaya Yurieff, CNN, "Transgender people find a home on YouTube but challenges remain," 25 June 2019These example sentences are selected automatically from various online news sources to reflect current usage of the word 'monetize.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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More Definitions for monetize
monetize
verbFinancial Definition of monetize
How It Works
For example, over time, a company may develop any number of systems or assets that are part of the company's overhead and infrastructure, supporting the company in selling its products or services. Examples of these may include a safe storage system or an innovative and efficient distribution system or an information system to track sales, monitor projects, track personnel time, account for funds or even report on company activities. These systems are typically non-revenue generating, in that they are not sold to generate revenues independently of the company's core product or service.
But sometimes a company may be able to find an independent market for these systems. When the company begins to package and sell these traditionally non-revenue generating systems, the company "monetizes" them, creating new sources of revenue for the company.
In another example, a flow of traffic to a destination, such as tourists to a historic site, can be monetized by capturing retail sales from those tourists en route to the historic site. At the same time, Internet surfing "traffic" to popular websites has been "monetized" by selling advertising space and getting site visitors to view the advertisement.
Why It Matters
The process of figuring out creative ways of monetization is about as old as capitalism (which is only about 300-400 years old in its current form). The processes of monetization -- that is, thinking systematically about how to convert something into cash -- is a valuable part of a business's strategic planning process.
Similarly, the capital markets are constantly innovating and finding new ways to monetize market transactions, using letters of credit, standby guarantees, derivatives and swaps to allow for the creation of new tradable financial products.
Source: Investing Answers
monetize
transitive verb
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