utilization

American  

[yoot-l-ahy-zey-shuhn] / ˌyut l aɪˈzeɪ ʃən /

especially British, utilisation

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.

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Other Word Forms

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

Etymology

Origin of utilization

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

Example Sentences

Three months “is a substantial length of time to observe elevated visits, as most studies focused on acute care utilization following wildfire smoke exposure find increased visit counts over about a weeklong period,” Casey said.

From Los Angeles Times

Texas Instruments built too much chip making capacity and kept its utilization of these facilities too high in the past few years, even as demand declined from a pandemic-era spike, Goldman Sachs said.

From Barron's

The lower that number, the better, since reducing credit utilization can improve your credit score.

From MarketWatch

They remain upbeat on the company maintaining its global plant utilization rate at over 80% and improving profitability, led by hybrid electric vehicles.

From The Wall Street Journal

Early prevention means more avoidable hospital admissions, which strain capacity and increase volatility in healthcare utilization.

From MarketWatch

Related Words

• application
• discharge
• employment
• usage