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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
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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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.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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