Definition, Meaning & Synonyms
monetize
verb
/ˈmɒnɪtaɪz/
Definition
To convert something into a source of income.
Examples
- Many apps aim to monetize their user base through subscriptions.
- The company decided to monetize its website by incorporating ads.
- Entrepreneurs often look for ways to monetize their unique skills.
Meaning
Monetizing refers to the process of generating revenue from an asset, service, or product.
Synonyms
- capitalize
- commercialize
- generate income
