monetization

/,mʌnitai'zeiʃn/

Thân thiện

The government announced the monetization of silver as the new national currency.

Definition

1. Noun:
   • The process of converting something into money or establishing something as legal tender: "monetization" refers to the act of giving something the status of currency or deriving revenue from an asset, activity, or user base.

Usage

• Monetization is a process. It is commonly used in economic, business, and digital contexts.
• It describes the act of establishing a commodity (like gold) as official money or the act of generating income from a resource (like a website or an app).

Examples

• Noun:
  • The monetization of the national debt was a controversial policy. (This refers to the government creating money to finance its debt.)
  • The website's primary revenue comes from the monetization of user data through targeted advertising. (This refers to generating income from an asset.)
  • Historically, the monetization of silver was a major political issue. (This refers to establishing silver as legal currency.)

Advanced Usage

• "Debt monetization": A process where a government's central bank finances government debt by creating new money.

  • Economists debate the risks of debt monetization, such as inflation.

• "Digital/Online monetization": The process of generating revenue from a website, app, or online platform, often through ads, subscriptions, or in-app purchases.

  • Content creators focus on audience growth before focusing on digital monetization strategies.

Variants and Related Words

• Monetize (verb): To convert into or establish as money; to earn revenue from.

  • The company plans to monetize its new app through a freemium model.

• Monetizable (adjective): Capable of being monetized.

  • The platform identified several monetizable features to increase profits.

• Remonetization (noun): The process of restoring a metal or other commodity to its former status as legal tender.

  • The remonetization of silver was advocated by some political groups.

Synonyms

• Commercialization: The process of managing or running something principally for financial gain.
• Currency issuance: The act of putting new money into circulation.

Antonyms

• Demonetization: The act of stripping a currency unit of its status as legal tender.
  • The demonetization of high-value banknotes caused temporary economic disruption.

Học thuật

Noun

1. establishing something (e.g. gold or silver) as the legal tender of a country

Từ đồng nghĩa

• monetisation