I. ˈmänəˌtīz sometimes ˈmən- transitive verb
( -ed/-ing/-s )
Etymology: Latin moneta mint, coin, money + English -ize — more at mint
1.
a. : to establish as the standard of a national currency
demonetize gold and monetize silver
b. : to establish as legal tender : authorize for use as national currency with a fixed value in relation to the standard monetary unit
2.
a. : to coin into money
the Treasury merely monetizes the gold that comes in — A.H.Hansen
b. : to convert (assets or debit instruments) into time deposits in the banking system
monetize national debts
II. transitive verb
: to purchase (public or private debt) and thereby free for other uses money that would have been devoted to debt service