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monetization

Intermediate (B1)

IPA: /ˌmɒnɪtaɪˈzeɪʃən/

KK: /ˌmɒnɪtaɪˈzeɪʃən/

noun
Definition

The process of turning something into a source of income or profit, especially by converting it into money.


Example

The monetization of digital content has become a key strategy for many online creators.


Conversation
Sloth A
I was reading about the monetization of apps recently.
Sloth B
Oh really? It's such a hot topic these days.
Sloth A
Yeah, it’s interesting how companies find ways to make money.
Sloth B
Totally! I think understanding monetization strategies can really help new developers.

Synonyms & Antonyms
Synonyms
capitalization
commercialization
profitization
Antonyms
devaluation
loss
diminution
Root Explanation

Monetization → It is formed from "moneta" (from Latin, meaning coin or money) and "-ization" (a suffix used to form nouns indicating a process). The word "monetization" refers to the process of converting something into money or generating revenue from it.

Memory Tip

Think of 'moneta' as relating to money, and remember that 'monetization' means the process of turning something into money.

Visually Confused Words
remonetization
demonetization
phonetization
magnetization
poetization
mongrelization
limonitization
motorization
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