1. to earn revenue from something, especially by converting it into a source of income
Usage: business; modern usage
2. to convert something into money or legal tender
Usage: economics; finance

Examples

• The company is trying to monetize its popular mobile app through advertising.
• Social media platforms monetize user data by selling targeted ads.
• The blogger learned how to monetize her website with affiliate marketing.
• YouTube creators can monetize their channels once they reach certain subscriber thresholds.
• The government decided to monetize part of its debt by printing more currency.
• Many free apps monetize through in-app purchases and premium subscriptions.