Meaning of the word monetize in English

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

monetize

US /ˈmɑːn.ə.taɪz/
UK /ˈmɑːn.ə.taɪz/

Verb

1.

to change something into money, or to express something in terms of money or a currency:

Example:
Japan is monetizing several trillion dollars of government debt.
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