utility

American  

[yoo-til-i-tee] / yuˈtɪl ɪ ti /

noun

plural

utilities

1. the state or quality of being useful; usefulness.

   This chemical has no utility as an agricultural fertilizer.

2. something useful; a useful thing.

3. a public service, as a system to provide water or electricity, a railroad line, a cell tower network, or the like.

4. Often utilities. a useful or advantageous factor or feature.

   the relative utilities of a religious or a secular education.

5. Economics. the capacity of a commodity or a service to satisfy some human want.

6. the principle and end of the ethical doctrine of utilitarianism; well-being or happiness; that which is conducive to the happiness and well-being of the greatest number.

7. Computers.

   1. Also called utility program.  a piece of software used to perform standard operations involved in managing and maintaining the system itself, such as backing up data, copying data from one drive to another, restoring corrupted files, etc..

      The suite includes a minimal set of utilities, including an encryption wizard for encrypting and decrypting personal files.

   2. an app for a smartphone, such as a calculator, compass, etc., performing one simple function used in the course of carrying out some other activity.

      The measuring app and other utilities are all accessed in one place on your phone screen.

8. utilities, stocks or bonds of public utilities.

9. a grade of beef immediately below commercial.

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adjective

1. (of domestic animals) raised or kept as a potentially profitable product rather than for show or as pets: utility livestock.

   utility breeds;

   utility livestock.

2. having or made for a number of useful or practical purposes rather than a single, specialized one.

   a utility knife.

3. designed chiefly for use or service rather than beauty, high quality, or the like: utility furniture.

   a utility vehicle;

   utility furniture.

utility British  

/ juːˈtɪlɪtɪ /

noun

1. 1. the quality of practical use; usefulness; serviceability

   2. ( as modifier )

      a utility fabric

2. something useful

3. 1. a public service, such as the bus system; public utility

   2. ( as modifier )

      utility vehicle

4. economics

   1. the ability of a commodity to satisfy human wants

   2. the amount of such satisfaction See disutility

5. statistics

   1. a measure of the total benefit or disadvantage attaching to each of a set of alternative courses of action

   2. ( as modifier ) See also expected utility decision theory

      utility function

6. Also called: utility truck.   ute.  a small truck with an open body and low sides, often with a removable tarpaulin cover; pick-up

7. a piece of computer software designed for a routine task, such as examining or copying files

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Usage

What does utility mean? A utility is something that is of service or serves a purpose.Broadly, a utility is anything that is useful. It is paired with many nouns that are commonly useful, such as a utility knife (a knife useful for cutting many things), a utility belt (a belt with pockets and loops to hold many things), and a utility room (a room in a house where the furnace, washing machine and other appliances are kept).In relation to modern life, a utility is a public service used by a household, such as water, electricity, or trash and recycling pickups. A bill for one of these services might be referred to as a utility bill.Utility can also refer to specific benefits that you would receive from taking part in an event or service, as in What is the utility of joining a union?In economics, utility specifically refers to a product’s or service’s ability to satisfy consumer needs.Example: That machine has great utility if you know how to use it.

Other Word Forms

• nonutility noun

Etymology

Origin of utility

First recorded in 1350–1400; Middle English utilite, from Old French utilite, utelite, from Latin ūtilitāt-, stem of ūtilitās, equivalent to ūtil(is) “useful” + -itās noun suffix; utile, -ity

Example Sentences

Some investors might seek safety in the comfort of defensive market sectors including consumer staples, utilities and healthcare.

From MarketWatch

Otherwise, it’s fair to split the other daily/monthly expenses, like groceries and utilities.

From MarketWatch

In its annual statement, the fund resolved to move money “very quickly,” shifting about 12% of holdings into real assets such as agriculture and utilities.

From The Wall Street Journal

Find insight on Chevron, Petronas and more in the latest Market Talks covering energy and utilities.

From The Wall Street Journal

Once you account for property taxes, homeowners insurance, Medicare premiums, groceries, utilities, transportation and discretionary spending, you’ll have a clearer picture of whether adding loan payments would meaningfully affect your lifestyle.

From MarketWatch

Related Words

• service