utility

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Related to usefulness: deteriorating, coy, inadvertently, lingering

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 ?
Thus, TAM3 is the latest and comprehensive version of the original TAM, which identifies and describes antecedents of the two main TAM determinants which are perceived usefulness and perceived ease of use.
Perceived usefulness will have a positive effect on utilization.
Based on TAM, researchers have explored the influence of perceived ease of use on perceived usefulness (Chow, Herold, Choo, & Chan, 2012; Joo, Lee, & Ham, 2014; Lee & Lehto, 2013).
(2004) showed that the system quality provided by online stores strongly influenced customers' perceived usefulness and perceived ease of use.
TAM in this work refers to the using intentions produced through green perceived usefulness and perceived ease of use.
Hypothesis 2a: Collaborative learning has significant positive influence on perceived usefulness.
Conclusion: The lecturers and students agreed upon usefulness of IL and its continuation as part of core curriculum in teaching of basic science subjects.
"It is with regret that the judicial commission has concluded the minister's usefulness has been seriously impaired and he has, in part by his own actions, placed himself in a position where it is impossible for him to satisfactorily discharge the duties of his charge.
He is ready, willing and able to transform your life from waste to joyful usefulness and blessing.
3 : an experiment to test quality, value, or usefulness
This report discusses (1) the ways that selected jurisdictions covered under Section 203 of the Voting Rights Act have provided bilingual voting assistance as of the November 2006 general election and any subsequent elections through June 2007, and the challenges they reportedly faced in providing such assistance; and (2) the perceived usefulness of this bilingual voting assistance, and the extent to which the selected jurisdictions evaluated the usefulness of such assistance to language minority voters.