schulerize

to shorten the definition of a word to three words or less

-Teacher: Ok class, today we are going to be writing some definitions for this unit.
- Student: Do we have to write the whole definition?
-Teacher: You can or you can schulerize them.

monetization

Turning a non-revenue-generating item into cash. Basically getting money from certain things.

-Wait, Jim is getting cash for that video he posted on YouTube?
-Yea, thanks to YouTube's monetization system.