utility

utility
A power company that owns or operates facilities used for the generation, transmission, or distribution of electric energy, which is regulated at state and federal levels. Bloomberg Financial Dictionary

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utility u‧til‧i‧ty [juːˈtɪlti] noun utilities PLURALFORM
1. [countable usually plural] COMMERCE a large company that provides services such as gas or electricity:

• One major electric utility has already given layoff notices to 150 workers.

• the public utilities

2. [countable usually plural] COMMERCE a service such as gas or electricity, provided for people to use:

• Does your rent include utilities?

3. [countable] COMPUTING a computer program that performs a simple action:

• There are several reasons why you might want to use a data compression utility.

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utility UK US /juːˈtɪləti/ noun (plural utilities)
► [C] a service for supplying electricity, gas, etc.: utility bill/company/costs »

Please enclose a copy of a recent utility bill as proof of address.

 »

the rising cost of utilities

► [C] a large company that provides a service such as electricity, gas, etc.: »

We are a natural gas utility serving over a million customers in the Michigan area.

 »

With energy consumption rising, many public utilities are struggling to meet peak-time demand.

► [C] IT a computer program that is used to do a particular task: »

The program includes a set of utilities and file recovery tools for advanced users.

► [U] how useful something is: »

The product became popular thanks to its high utility in many different situations.


Financial and business terms. 2012.

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Synonyms:
(in an abstract sense), , , , , ,


Look at other dictionaries:

  • Utility — U*til i*ty, n. [OE. utilite, F. utilit[ e], L. utilitas, fr. utilis useful. See {Utile}.] [1913 Webster] 1. The quality or state of being useful; usefulness; production of good; profitableness to some valuable end; as, the utility of manure upon… …   The Collaborative International Dictionary of English

  • utility — util·i·ty n pl ties 1: fitness for some purpose or worth to some end 2 a: public utility b: a service or commodity provided by a public utility paid for rent and utilities; also: equipment or m …   Law dictionary

  • Utility — (engl. ‚Nutzen‘, ‚Versorgungsbetrieb‘) bezeichnet ein Dienstprogramm, Software Werkzeug zur Verwaltung eines Betriebssystems einen Fahrzeugtyp wie zum Beispiel den Holden Utility Landing Craft, Utility, ein Mehrzweck Landungsboot siehe auch:… …   Deutsch Wikipedia

  • utility — ► NOUN (pl. utilities) 1) the state of being useful, profitable, or beneficial. 2) a public utility. 3) Computing a utility program. ► ADJECTIVE ▪ useful, especially through having several functions. ORIGIN Latin utilitas, from utilis …   English terms dictionary

  • utility — late 14c., fact of being useful, from O.Fr. utilite usefulness (late 13c.), earlier utilitet (12c.), from L. utilitatem (nom. utilitas) usefulness, serviceableness, profit, from utilis usable, from uti (see USE (Cf. use) (v.)). As a shortened… …   Etymology dictionary

  • utility — [yo͞o til′ə tē] n. pl. utilities [ME utilite < OFr utilité < L utilitas < utilis, UTILE] 1. the quality or property of being useful; usefulness 2. something useful 3. a) something useful to the public, esp. the service of electric power …   English World dictionary

  • utility — /ju tiləti/, it. /u tiliti/ s. ingl. (propr. utilità ; pl. invar. o utilities ), usato in ital. al femm. (inform.) [spec. al plur., serie di istruzioni che facilitano, estendono o soccorrono le funzioni del sistema operativo o di un applicazione] …   Enciclopedia Italiana

  • utility — (izg. jutìliti) m DEFINICIJA inform. uslužni program, v. uslužan ETIMOLOGIJA engl …   Hrvatski jezični portal

  • utility — *use, usefulness Analogous words: suitability, fitness, appropriateness (see corresponding adjectives at FIT): value, *worth …   New Dictionary of Synonyms

  • utility — [n] serviceableness account, adequacy, advantage, advantageousness, applicability, appropriateness, avail, benefit, convenience, efficacy, efficiency, expediency, favor, fitness, function, point, practicality, productiveness, profit, relevance,… …   New thesaurus

  • Utility — This article is about the economic concept. For other uses, see Utility (disambiguation). Part of a series on Utilitarianism …   Wikipedia

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