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 ?
To overcome some limitation, such as high SAR, low resolution, and partial volume effects due to two-dimensional imaging, three-dimensional fat saturated UTE cones sequences, which is a novel technique to analyze the contents of the ZCC, were implemented on a 3T Signa TwinSpeed scanner (General Electric Healthcare Technologies, Milwaukee, WI, USA) by us to develop high contrast imaging of the ZCC.
In "Rational Sunday School" Ute Mitchell advises those who are searching for a good children's education program.
Chiyoda Ute, founded by Hirata's father, is listed on the Jasdaq stock market for start-ups.
Ute plays "games" with Sebastian which are specifically aimed at addressing developmental areas.
But amazingly, Ute claimed that she was completely healed and that her husband was her "great love".
The biography of the wife and trusted confidante of Ute Chief Ouray, Chipeta: Queen Of The Utes is the story of a Native American woman who was able to gain the trust of both whites and Utes as they sought here opinions on the issues of the day.
I caught a brief glimpse of a white Ute truck approaching and it just hit the massive truck head on.
The president of the German War Graves Commission Herr Volker Hannemann, his wife Ute and the leader of Staffordshire County Council, Cllr Terry Dix were invited to visit the city.
Look down the Australian album charts and there, in amongst the likes of Coldplay and Delta Goodrem is a uniquely Aussie compilation album called Songs for My Ute, Volume 3.
More info: Ute Wollenweber, Degussa, (49) 201-173-2544; E-mail: ute.wollenweber@degussa.com.
Searching for Chipeta; the story of a Ute and her people.