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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

utility

A business that provides an essential service, generally under government regulation. Electric companies, gas transmission firms, and local telephone companies are utilities.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
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Daren Williams monitors, analyzes and distributes monthly Maintenance Operations Management (MOM) Performance Measures and goals to the city of Virginia Beach, Department of Public Utilities, Operations Division, Wastewater Collections and Sewer Pump Station Bureaus, so they can review their monthly progress.
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$225 million private placement debt financing previously announced by Liberty Utilities on May 30, 2012.
Summary: -- Palm Utilities has recently deployed Oracle(R) Utilities Customer Care and Billing as the company continues to strengthen its support facilities for its quickly expanding business operations, Oracle and Palm Utilities (http://www.palmutilities.com/ )-- a subsidiary of Istithmar World Public Joint Stock Company, a major investment holding company incorporated in the Dubai World Group -- announced today.
"Visionary utilities such as LIPA see the distinct advantages HTS wire offers, and very soon so will their residential and commercial customers."
RRA's two subscription products include "Regulatory Focus," a service that analyzes regulatory issues and actions in the electric and gas utility sectors for professionals at investment banks, utilities and government agencies.
Sensus Metering Systems (Sensus), a provider of utility metering and AMR (Automatic Meter Reading) systems and Advanced Metering Data Systems (AMDS), a wireless connectivity company, are partnering to provide utilities with a unique new AMI (Advanced Metering Infrastructure) product solution.
Electricity, water and phones are utilities, they are consistent wherever we go, are delivered with varying degrees of reliability, and we can have access to a lot or a little depending on out needs.