utility function

noun economics

a function relating specific goods and services in an economy to individual preferences

Nearby words

  1. utilisation,
  2. utilise,
  3. utilitarian,
  4. utilitarianism,
  5. utility,
  6. utility man,
  7. utility player,
  8. utility pole,
  9. utility program,
  10. utility room

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012