Monetize
['mʌnɪtaɪz] or ['mʌnə,taɪz]
Definition
(verb.) give legal value to or establish as the legal tender of a country; 'They monetized the lira'.
Typist: Melville--From WordNet
Definition
(v. t.) To convert into money; to adopt as current money; as, to monetize silver.
Edited by Arnold