What does utility mean? - Definitions. net Utility, in economics and business, refers to the satisfaction or benefit that a consumer derives from consuming a product, service, or action It represents the measurement of the "usefulness" or value that consumers perceive in their choices
Utility - definition of utility by The Free Dictionary The quality or condition of being useful; usefulness: "I have always doubted the utility of these conferences on disarmament" (Winston S Churchill) 2 A useful article or device 3 a A public utility b A commodity or service, such as electricity, water, or public transportation, that is provided by a public utility 4
utility - Wiktionary, the free dictionary utility (countable and uncountable, plural utilities) The state or condition of being useful; usefulness "The profession has its utility, but I should be sorry to see any friend of mine belonging to it " Something that is useful
utility - WordReference. com Dictionary of English [countable] a public service, as that providing electricity or water n usefulness: This chemical has no utility as an agricultural fertilizer a useful thing a public service, as a telephone or electric-light system, a streetcar or railroad line, or the like Cf public utility (def 1)