service

(redirected from serviceable)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

service

an economic activity which is performed to meet a personal or business demand. Some services are either specifically personal (for example hairdressing, dentistry), or business (for example factory maintenance, freight forwarding), but a large number are multifaceted, catering for both sectors, for example, household and industrial painting, telephone services.

The provision of most services (for example, window cleaning) involves a number of characteristics which set them apart from the provision of a GOOD (for example, a motorcar), in particular intangibility - the inability of a customer to see, touch, taste or smell the service, and inseparability - the fact that services are produced and consumed at the same time and thus cannot be stored. See also MARKETING MIX, GAP ANALYSIS. See PRODUCT, PERISHABILITY, VARIABILITY.

service

any intangible economic activity (hairdressing, catering, insurance, banking, etc.) that contributes directly (see FINAL PRODUCTS) or indirectly (see INTERMEDIATE PRODUCTS) to the satisfaction of human wants. Services are an important component of GROSS NATIONAL PRODUCT.
References in periodicals archive ?
Global Used Serviceable Material (USM) Market Research Report: Information by Product Type (Engine, Components and Airframe), Aircraft Type (Narrow Body, Wide Body, Turboprop and Regional), Provider Type (OEM and Non-OEM) and Region (North America, Europe, Asia-Pacific, The Middle East and Africa and Latin America) - Forecast till 2024
M2 EQUITYBITES-April 12, 2019-Boeing supports supply chain offerings with used serviceable materials business
Boeing is expanding its total lifecycle support offerings by managing the entire end-to-end process of its Used Serviceable Material (USM) business.
Travel Business Review-April 12, 2019-Boeing supports supply chain offerings with used serviceable materials business
They are pricey, but fully serviceable if they ever spring a leak and cheaper than buying new waders every year.
EP62-lMed is serviceable from -60[degrees]F to +450[degrees]F.
An FAQ accompanying the memo reads: "In general terms, if the device is capable of being serviced with minimal effort or replacement parts so that it continues to operate as intended, and the device is otherwise substantially intact, then it can be considered to be in serviceable condition.
For minimal downtime, the brake components are fully serviceable. Magline, magliner.com.
These opportunities represent a serviceable addressable market, or 'SAM,' of $150 billion by 2020; more than 6 times the size of Qualcomm's SAM in 2015.
Kolonwel said fire marshals of the fire stations certified that the firetrucks the received were all serviceable and in good running condition, except for six units.
Coral Gables, Florida-based AerSale, a global supplier of mid-life aircraft, engines, used serviceable material (USM), and MRO services, has added Jacqueline Fernandez as Senior Vice President Materials Group, the company said.