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Definition of 'Monetize'
1. To convert into money.
2. To convert from securities into currency that can be used to purchase goods and services.
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Investopedia explains 'Monetize'
For example, you'll often hear Internet marketers talk about "monetizing website visitors." This is another way of saying that the marketers are trying to figure out a way of making money from website visitors, such as through advertising, ecommerce, etc.
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