monetize

Definition

Converting something into money. It can apply to selling securities in exchange for money, such as when a company sells a bond, and can also apply to charging money for something that was previously free or unprofitable, such as a local business charging customers to park in its parking garage.

Use monetize in a sentence

I wanted to monetize my blog because I had a lot of visitors and they all wanted more articles from me.

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My boss was concerned with the prospect of figuring out how to monetize our company's large back catalog of music and movies that were still under copyright.

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It was recommended we monetize real estate, possessions, and finance when our father passed away. The monetized assets would be easier to divide among his successors.

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monetary value monetizing debt