monetize 1. To establish as legal tender. 2. To coin (money) 3. To convert (government debt) from securities into currency that can be used to purchase goods and services. Found on http://www.wordinfo.info/words/index/info/view_unit/3678/2
to legalize as money. · to coin into money: to monetize gold. · to give the character of money to. · to convert (a debt, esp. the national debt) into currency, esp. by issuing government securities or notes. Found on https://www.infoplease.com/dictionary/monetize