utilization

utilization
utilize u‧til‧ize [ˈjuːtlaɪz] also utilise verb [transitive]
to use something effectively:

• The offices have a heating system that utilizes solar energy.

— utilization noun [uncountable] :

• the full utilization of the oil pipeline

— see also plant utilization

* * *

utilization UK US (UK also utilisation) /ˌjuːtɪlaɪˈzeɪʃən/ US  /-ṱəlɪ-/ noun [U]
PRODUCTION the amount of something available, produced, etc. compared with the total amount that exists or that could be produced: »

The number of working rigs in Mediterranean waters was 92 out of a total fleet of 103, a utilization rate of 89.3%.

»

Capacity utilization fell to 84.1%.

the process of using something effectively: »

The audit found there could be a better utilization of resources throughout the company.

»

effective/maximum utilization

See also PLANT UTILIZATION(Cf. ↑plant utilization)

Financial and business terms. 2012.

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Look at other dictionaries:

  • Utilization — U til*i*za tion, n. [Cf. F. utilization.] The act of utilizing, or the state of being utilized. [1913 Webster] …   The Collaborative International Dictionary of English

  • utilization — I noun applicability, employability, practicality, serviceability, usability, usefulness II index benefit (betterment), consumption, enjoyment (use) …   Law dictionary

  • utilization — 1847, noun of action from UTILIZE (Cf. utilize) …   Etymology dictionary

  • utilization — system utilization The ratio of the actual output of an operating system to its designed capacity. For example, if the designed capacity of a plant is 4000 units per week and the output is 3000 units per week, the utilization is 75%. However, it… …   Big dictionary of business and management

  • Utilization — In queueing theory, utilisation is the proportion of the system s resources which is used by the traffic which arrives at it. It should be strictly less than one for the system to function well. It is usually represented by the symbol ho. If ho… …   Wikipedia

  • utilization — noun 1. the act of using (Freq. 3) he warned against the use of narcotic drugs skilled in the utilization of computers • Syn: ↑use, ↑usage, ↑utilisation, ↑employment, ↑exercise …   Useful english dictionary

  • utilization — noun Utilization is used after these nouns: ↑resource …   Collocations dictionary

  • utilization — naudojimas statusas T sritis automatika atitikmenys: angl. application; employment; usage; use; utilization vok. Ausnützung, f; Benutzung, f; Verwendung, f rus. использование, n pranc. application, f; utilisation, f …   Automatikos terminų žodynas

  • utilization — utilizavimas statusas T sritis chemija apibrėžtis Ko nors nevertingo naudingas vartojimas. atitikmenys: angl. recycling; utilization rus. утилизация …   Chemijos terminų aiškinamasis žodynas

  • utilization — utilize (also utilise) ► VERB ▪ make practical and effective use of. DERIVATIVES utilizable adjective utilization noun. ORIGIN French utiliser, from Latin uti to use …   English terms dictionary

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