Word of the Day: Monetize
- To establish as legal tender.
- To coin (money).
- To convert (government debt) from securities into currency that can be used to purchase goods and services.
You — and by “you” I mean “Yahoo!” — are hereby incentivized to use this word correctly. [source]
March 23rd, 2006 at 8:59 am
The modern vernacular for “monetize” is actually just an broadening of 2 & 3. It’s a recognition that essential anything can be converted in to currency, not just metals, paper, and government debt.
As much as it has become part of buzzword bingo, the folks who probably started using the term were trying to express a meaningful concept.
March 23rd, 2006 at 9:14 am
“Trying” being the operative word there.
March 23rd, 2006 at 5:02 pm
Man, why can’t we just get back to olde english. Languages are so much better when they don’t change.
March 23rd, 2006 at 7:03 pm
Yes, clearly we should encourage people to evolutionize language whenever possible.
March 23rd, 2006 at 8:54 pm
That smacks of truthiness!
March 23rd, 2006 at 11:34 pm
I heard a great replacement for “monetize” at the pub tonight: “Benjamize,” or “Benjamization” as the case may be. I think that’s definitely the better word to use.
March 24th, 2006 at 9:50 pm
Benjamzie is probably better than some equivalent play on “Dead Presidents”. ;-)
March 24th, 2006 at 9:51 pm
I have to apologize for my atrocious typing/spelling/grammar on this post.