Here are definitions from Merriam-Webster online dictionary, but what is your take?

Exploitation (noun): an act or instance of exploiting Exploit (verb): 1.) to make productive use of; 2.) to make use of meanly or unfairly for one’s own advantage

Monetization (verb): 1.) to coin into money; 2.) to purchase (public or private debt) and thereby free for other uses moneys that would have been devoted to debt service; 3.) to utilize (something of value) as a source of profit

• Edit - revised title to “Is there a difference…” from “What is the difference…”