Utility

Utility,

Definition of Utility:

  1. Business: Large firm that owns and/or operates facilities used for generation and transmission or distribution of electricity, gas, or water to general public.

  2. A utility program.

  3. Patent law: Usefulness of the item for which a patent is applied. An invention must be capable of use and must perform some useful function for to be considered patentable.

  4. Useful, especially through being able to perform several functions.

  5. Functional rather than attractive.

  6. An organization supplying the community with electricity, gas, water, or sewerage.Stocks and bonds in public utilities.

  7. Ethics: As described by the English philosopher-reformer Jeremy Bentham (1748-1832), what appears to augment or diminish the happiness of the party whose interest is in question..

  8. The state of being useful, profitable, or beneficial.

  9. Economics: Pleasure or satisfaction (value for money) derived by a person from the consumption of a good or service or from being in a particular place, and for the maximization of which all economic actions are motivated. It is the subjective or psychic return which cannot be measured in absolute or objective terms. Goods or services that have utility for one person may not have for another, and what may have utility for a person at a certain time or place may not have it at another. See also utility theory.

  10. Relating to the lowest US government grade of beef.

  11. Computing: Auxiliary program that performs a specific useful function to maintain, or augment the efficiency of, a computer system. Utilities range from the small and simple to the large and complex, and from being marginally useful to being indispensable. Functions performed by utilities include data compression, data recovery, disk defragmentation, management of computer resources and files, system diagnosis, virus detection, and numerous other. Also called utility program.

Synonyms of Utility

Usefulness, Use, Advantage, Benefit, Value, Help, Helpfulness, Profitability, Convenience, Practicality, Effectiveness, Efficacy, Avail, Service, Serviceableness, Advantageousness, Practical, Functional, Serviceable, Useful, Sensible, Effective, Efficient, To the purpose, Suited to the purpose, Pragmatic, Realistic, Utility, Working, Workaday, Handy, Neat, Ordinary, Down-to-earth, Aktiengesellschaft, Account, Advantage, Advantageousness, Aktiebolag, Alternate, Alternative, Appliance, Applicability, Appropriateness, Availability, Backup, Beneficialness, Body corporate, Business, Business establishment, Cartel, Chamber of commerce, Combine, Commercial enterprise, Compagnie, Company, Concern, Conglomerate, Conglomerate corporation, Consolidating company, Consortium, Convenience, Copartnership, Corporate body, Corporation, Counterfeit, Diversified corporation, Drive, Dummy, Effectiveness, Efficacy, Efficiency, Engine, Enginery, Enterprise, Equivalent, Ersatz, Facility, Fake, Favorableness, Firm, Fitness, Fixture, Functionality, Helpfulness, Holding company, House, Imitation, Industry, Joint-stock association, Joint-stock company, Machine, Machinery, Makeshift, Mechanical aid, Mechanical device, Mechanism, Mock, Motive power, Motor, Operability, Operating company, Partnership, Phony, Pinch, Plunderbund, Pool, Power plant, Power source, Practicability, Practical utility, Practicality, Profitability, Provisional, Proxy, Public utility, Relevance, Reserve, Secondary, Service, Serviceability, Spare, Stock company, Stopgap, Substitute, Syndicate, Temporary, Tentative, Token, Trade association, Trust, Usability, Use, Usefulness, Utilizability, Vicarious

How to use Utility in a sentence?

  1. The final vote at the National Assembly on the privatisation bill to transform utilities into limited liability companies will be held on June 22.
  2. Utility clothing.
  3. A utility truck.
  4. Duke Power is one of the biggest utility companies in North Carolina; it provides electricity for most of the Triangle and the Piedmont areas.
  5. A handy utility for converting one graphics file type to another.
  6. Without our utility workers we would be unable to enjoy all of the simple pleasures; heat, lights, television, to name a few.
  7. He had a poor opinion of the utility of book learning.
  8. In the area where I live we have no choice on what electric utility we have service our address, it is very frustrating when you are unhappy with the provider.

Meaning of Utility & Utility Definition

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Utility,

Definition of Utility:

Utility refers to Benefit is an economic term that refers to the general satisfaction gained from the use of goods or services. Rational-choice economic theories generally assume that consumers try to maximize their profits. It is important to understand the economic benefits of a good or service because it has a direct effect on demand and therefore on the cost of that good or service. In practice, consumer benefits cannot be measured and quantified. However, some economists believe that they can use different models to indirectly estimate the usefulness or economic performance of an asset.

  • In economics, utility refers to the benefits or pleasures that consumers can derive from services or goods.
  • If the supply of services or goods increases, economic profits may decrease.
  • Minor utility is a utility derived from the use of a utility service or good unit.

Meanings of Utility

  1. Useful, virtuous, or useful status.

  2. An organization that supplies society with electricity, gas, water or garbage. Public sector stocks and bonds.

  3. Useful, mainly because it can perform multiple tasks.

  4. Attractive rather than functional.

  5. Less than official US cattle

Sentences of Utility

  1. Have a look at the usefulness of textbooks

  2. On June 22, the National Assembly passed a final vote on the privatization law, which aims to transform public services into joint stock companies.

  3. Useful utility for converting one type of graphic file to another

  4. Commercial vehicle

  5. Useful clothes

Synonyms of Utility

efficiency , profit , account , point , adequacy , benefit , applicability , use , advantageousness , function , avail , convenience , relevance , expediency , usefulness , appropriateness , service , serviceability , fitness , advantage , productiveness , efficacy , favor , practicality

Utility,

Utility: What is the Meaning of Utility?

Meaning of Utility: Benefit is an economic term that refers to the general satisfaction gained from the use of goods or services. Rational economic theories generally assume that consumers want to estimate their profits. It is important to understand the economic benefits of a good or service because it directly affects the demand and therefore the demand for that good or service. In practice, consumer benefits cannot be measured and quantified. However, some economists believe that they can indirectly estimate the usefulness or economic performance of an asset using different models.

  • In economics, utility refers to the benefits or pleasures that consumers can derive from services or goods.
  • Economic profits may decrease if there is an increase in the supply of a service or a good amount.
  • Marl utility is a utility that is required when additional units of a service or commodity are used.

Meanings of Utility

  1. Helpful, accommodating, or helpful status.

  2. An organization that provides electricity, gas, water or sanitation to society.

  3. Useful, especially since it can perform a variety of functions.

  4. More active than attractive.

Sentences of Utility

  1. Have some idea about the usefulness of textbooks.

Synonyms of Utility

workability, mileage, feasibility, possibility, viability

Utility,

How To Define Utility?

  1. Profit is an economic term that refers to the general satisfaction gained through the consumption of goods or services. Rational economic theories generally assume that consumers want to estimate their profits. It is important to understand the economic benefits of a good or service because it directly affects the demand and therefore the demand for that good or service. In practice, consumer benefits cannot be measured and quantified accurately. However, some economists believe that they can use different models to indirectly estimate the usefulness or economic performance of an asset.

    • In economics, utility refers to the benefits or pleasures that consumers can derive from services or goods.
    • If the supply of services or goods increases, economic profits may decrease.
    • Marl Utility is a utility that is needed when an additional unit of a service or product is used.

Meanings of Utility

  1. A commercial vehicle

Sentences of Utility

  1. There is little opinion on the usefulness of textbooks.