A service provided by a public utility company, such as electricity, water, or gas. The monthly bill for utilities was higher than expected due to increased water usage.
The state of being useful, profitable, or beneficial. The utility of the new software was immediately apparent to the team.
A piece of software designed to perform a specific task, usually related to managing system resources. The computer technician used a disk cleanup utility to free up space on the hard drive.
A publicly regulated company that supplies essential services such as electricity, water, gas, or telecommunications. Several large utilities have announced rate increases for next year.
In economics and game theory, a quantitative measure of the satisfaction or benefit derived from the consumption of goods or services. The concept of diminishing marginal utility explains why each additional slice of cake is enjoyed less than the previous one.