Monetization is the process of converting or establishing something into legal tender. It usually refers to the coining of currency or the printing of banknotes by central banks. Things such as gold, diamonds and emeralds generally do have intrinsic value based on their rarity or quality and thus provide a premium not associated with fiat currency... Found on http://en.wikipedia.org/wiki/Monetization
Mon`e·ti·za'tion noun The act or process of converting into money, or of adopting as money; as, the monetization of silver. Found on http://www.encyclo.co.uk/webster/M/92
The way that a game earns money for its publisher. Some games are monetized through brick-and-mortar retail channels, some through direct online sales. Some are monetized through subscriptions, some through microtransactions (paid DLC). Found on http://www.sloperama.com/advice/lesson28.html