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monetized

- 2 dictionary results

mon⋅e⋅tize

[mon-i-tahyz, muhn-]
–verb (used with object), -tized, -tiz⋅ing.
1. to legalize as money.
2. to coin into money: to monetize gold.
3. to give the character of money to.
4. Economics. to convert (a debt, esp. the national debt) into currency, esp. by issuing government securities or notes.
Also, especially British, mon⋅e⋅tise.


Origin:
1875–80; < L monēt(a) money + -ize


mon⋅e⋅ti⋅za⋅tion, noun
mon·e·tize   (mŏn'ĭ-tīz', mŭn'-)   
tr.v.   mon·e·tized, mon·e·tiz·ing, mon·e·tiz·es
  1. To establish as legal tender.
  2. To coin (money).
  3. To convert (government debt) from securities into currency that can be used to purchase goods and services.

[From Latin monēta, money; see money.]
mon'e·ti·za'tion (-tĭ-zā'shən) n.
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