utilization

especially British, u·ti·li·sa·tion

[yoot-l-ahy-zey-shuhn]

noun

1. an act or instance of making practical or profitable use of something.

   I don't think this plan results in the best utilization of tax dollars.

Other Word Forms

• misutilization noun
• nonutilization noun
• overutilization noun
• preutilization noun
• reutilization noun

Word History and Origins

Origin of utilization¹

First recorded in 1840–45; utiliz(e) ( def. ) + -ation ( def. )

Example Sentences

Stein thinks the clearest evidence that AI isn’t yet in a bubble is that Nvidia’s A100 chips, which began shipping six years ago, are still around and running at 100% utilization.

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Barrick is currently undergoing a review of operations, which is aimed at improving efficiencies and utilization across its assets.

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Since its growth cycle started in 2022, the auto spare parts producer’s manufacturing revenue and gross profit have re-accelerated, thanks to improved cost control, better utilization, and a broader original-equipment-manufacturer client base, the analyst says.

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“That is a great outcome – but it also means that the recovery in GDP growth began last year with the highest level of capacity utilization in any recovery over the past 40 years,” Hauser added.

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Citi upgrades the stock to buy from neutral, citing the company’s high utilization rate and a gradual upward trend in gross margin.

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Related Words

• application 
• discharge 
• employment 
• usage