1. the process of converting something into money or a source of income
2. the act of establishing something as legal tender or giving it monetary value
Usage: economics

Examples

• The company’s monetization strategy focuses on subscription services.
• Social media platforms rely on advertising for monetization.
• The monetization of personal data has raised privacy concerns.
• Content creators are exploring new monetization methods.
• The government’s monetization of debt led to inflation.
• App developers struggle with effective monetization models.
• The monetization of natural resources requires careful planning.