Source : Webster's Revised Unabridged Dictionary (1913)

Monetize \Mon"e*tize\, v. t.
   To convert into money; to adopt as current money; as, to
   monetize silver.

Source : WordNet®

monetize
     v : give legal value to or establish as the legal tender of a
         country; "They monetized the lira" [syn: {monetise}]