Entry 1 sense Webster, 1913 Monetize /män'-ət-īzˌ/ · Mon·e·tize · IPA /ˈmɑnəˌtaɪz/ 01 v. t. To convert into money; to adopt as current money; as, to monetize silver. 1. To convert into money; to adopt as current money; as, to monetize silver.