Meaning of the word monetization in English

What does monetization mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

monetization

US /ˌmɑːn.ə.taɪˈzeɪ.ʃən/
UK /ˌmʌn.ɪ.taɪˈzeɪ.ʃən/

Noun

the process of converting something into money or a source of income

Example:
The company's primary goal is the monetization of its digital content.
Many social media platforms rely on advertising for their monetization strategy.
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