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  2. Dictionary

    u·til·i·ty
    [yo͞oˈtilədē]
    noun
    utility (noun) · utilities (plural noun) · public utility (noun) · public utilities (plural noun)
      • (in game theory or economics) a measure of that which is sought to be maximized in any situation involving a choice.
    1. an organization supplying the community with electricity, gas, water, or sewerage.
      • US ENGLISH
        (utilities)
        stocks and bonds in public utilities.
    2. computing
      a utility program:
      "a handy utility for converting one graphics file type to another"
    adjective
    utility (adjective)
      • denoting a player capable of playing in several different positions in a sport:
        "a utility player"
    1. functional rather than attractive:
      "utility clothing"
    2. US ENGLISH
      relating to the lowest US government grade of beef.
    Origin
    late Middle English: from Old French utilite, from Latin utilitas, from utilis ‘useful’.
    Translate utility to
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  3. People also ask
    What is the meaning of utility?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,
    What is utility in economics?In economics, **utility** refers to the satisfaction levels consumers receive from buying and using a product or service.According to utility theory, people make purchase decisions based on the degree
    Includes AI generated content
    What is utility based on?Utility is the basis of consumer demand. A consumer thinks about his demand for a commodity on the basis of utility derived from the commodity. Utility depends upon the intensity of want. When a want is unsatisfied or more intense, there is a greater urge to demand a particular commodity which satisfies a given want.
    What is another word for utility?designed chiefly for use or service rather than beauty, high quality, or the like: a utility vehicle; utility furniture. Synonyms: use, usefulness, service, serviceability, advantage, more... Collocations: utility fees, utility prices have gone [up, down], a [washer, freezer] in the utility room, more...
     
  4. Utility Definition & Meaning - Merriam-Webster

     
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  6. UTILITY | English meaning - Cambridge Dictionary

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