utility

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Utility

A power company that owns or operates facilities used for the generation, transmission, or distribution of electric energy, which is regulated at state and federal levels.

Utility

1. In economics, the level satisfaction the person derives from a good or service. Utility is inherently subjective and thus difficult to measure, but it is important in determining how much supply of a product the market can handle without diminishing demand. Historically, it has been thought that one can quantify the utility of each unit, but some economists disagree with this. See also: Austrian school, Law of Diminishing Marginal Utility.

2. A company that provides electricity, water, or gas to customers. These companies are subject to a number of regulations at the local and national levels. They borrow more than most other companies; thus, a decline in utility stocks is often seen as an indicator of a coming rise in interest rates. See also: Dow Jones Utility Average - DJUA.

utility

A business that provides an essential service, generally under government regulation. Electric companies, gas transmission firms, and local telephone companies are utilities.

utility

  1. the satisfaction or pleasure that an individual derives from the CONSUMPTION of a GOOD or SERVICE. See UTIL, CARDINAL UTILITY, ORDINAL UTILITY, MARGINAL UTILITY, TOTAL UTILITY, UTILITY FUNCTION, DIMINISHING MARGINAL UTILITY.
  2. see PUBLIC UTILITY.
References in periodicals archive ?
He served as president of Chiyoda Ute between 1988 and 1995.
The New Zealand market gets an all-automatic fleet with the exception of the high performance SS-V Ute which offers a six speed manual at the same price as the automatic.
Ute explains that riding not only works on the balance system, but stimulates and sharpens all other senses.
TRUCK: Ute like the one in accident; STRAIN: Hero Cliff at scene of the crash; DEVASTATED: The remains of the Ute truck which was hit head-on
Meanwhile, Sage Douglas Remington, an openly gay Southern Ute who lives on the reservation in nearby Ignacio, says the coverage of the Martinez murder may serve as a wake-up call for gay, lesbian, bisexual, and transgendered people to recognize the diversity within their own ranks.
Southern Ute Indian Tribe, focused its analysis not on "whether, given what scientists know today, it makes sense to regard CBM gas as a constituent of coal, but whether Congress so regarded it in 1909.
In order to point out the tension inherent in Tom's identity crisis, we must first come to a basic, elementary understanding of the old Ute cultural concept of time which Hall describe's as polychronic.
These situating rituals enacted, we moved on to the topic that had drawn us together--the "Black Ute Clan" of the Southern Ute tribe.
Researchers studying the relative importance of UPE and UTE have either not evaluated a set of cultivars by release date or have only studied these components under high levels of N fertility.
When the University of Utah adopted the sports name "Running Utes" in 1972, school fathers did so on the basis of an understanding with the Ute Tribe.
Ute Beck immediately answered when I asked her what she'd like to say to IH/IBP teachers through the medium of our newsletter.
a global provider of Environmental ERP solutions that measure, manage, report and reduce environmental and regulatory risks, announced today that the Southern Ute Indian Tribe Growth Fund has selected Enviance's Environmental Management System to manage greenhouse gas data and reporting, Title V requirements and compliance programs.