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utility
Found in thesaurus: service, quality, system of measurement, metric, program, computer programme, computer program, programme, installation, facility
| Babylon English | Download this dictionary |
utility
n.
usefulness; use; public service; something useful; (Computers) utility program
adj.
made for many practical uses or useful intentions; intended for service or practical use and not as a high quality; (USA) usable but inferior (of beef)
| English Wikipedia - The Free Encyclopedia | Download this dictionary |
Utility
In economics, utility is a measure of preferences over some set of goods and services. The concept is an important underpinning of rational choice theory in economics and game theory, because it represents satisfaction experienced by the consumer of a good. A good is something that satisfies human wants. Since one cannot directly measure benefit, satisfaction or happiness from a good or service, economists instead have devised ways of representing and measuring utility in terms of economic choices that can be measured. Economists have attempted to perfect highly abstract methods of comparing utilities by observing and calculating economic choices. In the simplest sense, economists consider utility to be revealed in people's willingness to pay different amounts for different goods.
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| WordNet 2.0 | Download this dictionary |
utility
Noun
1. a company that performs a public service; subject to government regulation
(synonym) public utility, public-service corporation
(hypernym) service
(hyponym) telephone company, telephone service, phone company, phone service, telco
2. the quality of being of practical use
(synonym) usefulness
(antonym) inutility, uselessness, unusefulness
(hypernym) quality
(hyponym) detergency, detergence
(attribute) useful, utile
(derivation) use, utilize, utilise, apply, employ
3. the service provided by a utility company; "the cost of utilities never decreases"
(hypernym) service
4. (economics) a measure that is to be maximized in any situation involving choice
(hypernym) system of measurement, metric
(hyponym) marginal utility
(classification) economics, economic science, political economy
5. (computer science) a program designed for general support of the processes of a computer; "a computer system provides utility programs to perform the tasks needed by most users"
(synonym) utility program, service program
(hypernym) program, programme, computer program, computer programme
(hyponym) driver, device driver
(part-meronym) utility routine, service routine
(classification) computer science, computing
6. a facility composed of one or more pieces of equipment connected to or part of a structure and designed to provide a service such as heat or electricity or water or sewage disposal; "the price of the house included all utilities"
(hypernym) facility, installation
(hyponym) electrical system, electrical plant
Adjective
1. used of beef; usable but inferior
(synonym) utility(a), utility-grade
(similar) inferior
2. capable of substituting in any of several positions on a team; "a utility infielder"
(synonym) utility(a), substitute(a)
(similar) secondary
| Babylon Dutch-English | Download this dictionary |
utility
n.
utility
| Babylon English-Czech | Download this dictionary |
utility
n.
užitečnost; veřejné/komunální služby; utilita
