MONETIZATION

monetization, monetisation

(noun) establishing something (e.g. gold or silver) as the legal tender of a country

Source: WordNet® 3.1


Etymology

Noun

monetization (countable and uncountable, plural monetizations)

The conversion of something (especially metal) into money.

The process of making a business activity profit-generating, particularly in computer and Internet-related activities.

Source: Wiktionary


Mon`e*ti*za"tion, n.

Definition: The act or process of converting into money, or of adopting as money; as, the monetization of silver.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

22 September 2024

SPRINGBOARD

(noun) a beginning from which an enterprise is launched; “he uses other people’s ideas as a springboard for his own”; “reality provides the jumping-off point for his illusions”; “the point of departure of international comparison cannot be an institution but must be the function it carries out”


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