The meaning of UTILITY is fitness for some purpose or worth to some end. How to use utility in a sentence.

UTILITY definition: 1. a service that is used by the public, such as an electricity or gas supply: 2. a company that…. Learn more.

Apr 20, 2025 · Utility is the total satisfaction or benefit derived from consuming a good or service. Economic theories based on rational choice assume that consumers will strive to maximize …

In a normative context, utility refers to a goal or objective that we wish to maximize, i.e., an objective function. This kind of utility bears a closer resemblance to the original utilitarian …

The utility of something is its usefulness. A utility is an important service such as water, electricity, or gas that is provided for everyone, and that everyone pays for. ...public utilities such as gas, …

Utility means “of practical use.” We refer to government facilities that provide water, electricity and natural gas as public utilities. Utility is similar to the word utilize, which is basically a stuffy …

2. something useful; a useful thing. 3. a public service, as the providing of electricity, gas, water, a telephone system, or bus and railroad lines. 4. public utility. 5. Often, utilities. a useful or …

Definition of utility noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

Nov 1, 2025 · (Of a building or its components) containing or intended for any of a building’s often-utility-related commodity transport, such as pipes or wires, or converting equipment, such as …

Utility is the quality in goods to satisfy human wants. Thus, it is said that “Wants satisfying capacity of goods or services is called Utility.” In this way utility is measured in terms of money …