utility | Utility Definition & Meaning

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Utility Definition & Meaning - Merriam-Webster
merriam-webster.com

https://www.merriam-webster.com/dictionary/utility

fitness for some purpose or worth to some end something useful or designed for use public utility... ...

fitness for some purpose or worth to some end
something useful or designed for use
public utility...
...

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Utility - definition of utility by The Free Dictionary
thefreedictionary.com

https://www.thefreedictionary.com/utility

8 rows · utility ( juˈtiləti) – plural uˈtilities – noun 1. usefulness. Some kitchen gadgets have …

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Utility Definition
investopedia.com

https://www.investopedia.com/terms/u/utility.asp

Nov 24, 2003 · Utility, in economics, refers to the usefulness or enjoyment a consumer can get from a service or good. Economic utility can decline as the supply of a service or good increases. Marginal utility...

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Utility - Wikipedia
wikipedia.org

https://en.wikipedia.org/wiki/Utility

As a topic of economics, utility is used to model worth or value. Its usage has evolved significantly over time. The term was introduced initially as a measure of pleasure or happiness as part of the theory of utilitarianism by moral philosophers such as Jeremy Bentham and John Stuart Mill. The term has been adapted and reapplied within neoclassical economics, which dominates modern economic theory, as a utility function that represents a single consumer's preference ordering o…

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UTILITY | meaning in the Cambridge English Dictionary
cambridge.org

https://dictionary.cambridge.org/dictionary/english/utility

utility noun us / juˈtɪl·ɪ·t̬i / utility noun (USEFULNESS) [ U ] ability to satisfy a particular need; usefulness: Its basic utility lies in being able to drive where other vehicles can’t go. utility …

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51 Synonyms & Antonyms of UTILITY | Merriam-Webster …
merriam-webster.com

https://www.merriam-webster.com/thesaurus/utility

utility noun Save Word Synonyms & Antonyms of utility (Entry 1 of 2) the capacity for being useful for some purpose the store specializes in gee-whiz gadgetry of dubious utility Synonyms for utility account, avail, mileage, service, serviceability, serviceableness, use, usefulness advantage, benefit, gain aid, assistance, help applicability,

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Utility: Meaning, Characteristics and Types | Economics
economicsdiscussion.net

https://www.economicsdiscussion.net/utility/utility-meaning-characteristics-and-types-economics/13594

Utility simply means the ability to satisfy a want. A commodity may have utility but it may not be useful to the consumer. For instance—A cigarette has utility to the smoker but it is injurious to his health. However, demand for a commodity depends on its utility rather than its usefulness.

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