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.

---

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

Even if newer vehicles the company is building cut that cost by half, an autonomous-vehicle service needs to maximize utilization to earn a return on investment.

From The Wall Street Journal

“If a perpetual rollover cycle were occurring, we would expect continuous monthly utilization and deteriorating borrower outcomes,” Metcalf said.

From MarketWatch

This makes it possible to identify high-billing Medicaid providers, to track changes in utilization of services over time and to detect outliers in billing patterns.

From The Wall Street Journal

Key items to monitor include margin recovery, North America profitability and utilization, free cash flow trajectory, and the direction of EPS and revenue revisions.

From Barron's

Dialog is favored for its defensive earnings profile, supported by its midstream segment, with tank terminals operating above 90% utilization rate, she says.

From The Wall Street Journal

Related Words

• application
• discharge
• employment
• usage