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What does monetarize mean?

Looking for the meaning or definition of the word monetarize? Here's what it means.

Verb
  1. (transitive) To assign monetary status to; to start circulating and accepting as currency.
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Examples
But I do think that to monetarize something is to lose sight of the true value of that thing.
It is with great pleasure that I submit these modest proposals to leverage the brand, exploit synergies, capture market share and monetarize conversation.
While we are called to be good stewards of the resources we have, it is dangerous to overly monetarize life experiences.

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