- The definition of utility is something that is practical or has many uses.
An example of utility is a mulit-function pocket knife.
- Utility is defined as something that is useful to someone or to the general public.
An example of utility is the gas and electric company.
Two employees of a utility company.
utility definition by Webster's New World
- the quality or property of being useful; usefulness
- something useful
- something useful to the public, esp. the service of electric power, gas, water, telephone, etc.
- a company or government agency providing such a service
- shares of stock in such a company
- Econ. the power to satisfy the needs or wants of humanity
Origin: Middle English utilite ; from Old French utilité ; from Classical Latin utilitas ; from utilis, utile
- serving or designed for practical use with little or no attention to beauty
- useful or used in a number of ways
- ☆ designating an auxiliary player who is able to substitute at any of several positions on a baseball team: a utility infielder
- designating or of an inferior, usually dark, coarse grade of meat, lacking fat
utility definition by American Heritage Dictionary
noun pl. u·til·i·ties
- The quality or condition of being useful; usefulness: “I have always doubted the utility of these conferences on disarmament” (Winston S. Churchill).
- A useful article or device.
- a. A public utility.b. A commodity or service, such as electricity, water, or public transportation, that is provided by a public utility.
- Computer Science A utility program.
- Used, serving, or working in several capacities as needed, especially:a. Prepared to play any of the smaller theatrical roles on short notice: a utility cast member.b. Capable of playing as a substitute in any of several positions: a utility infielder.
- Designed for various often heavy-duty practical uses: a utility knife; a utility vehicle.
- Raised or kept for the production of a farm product rather than for show or as pets: utility livestock.
- Of the lowest U.S. Government grade: utility beef.
Origin: Middle English utilite, from Old French, from Latin ūtilitās, from ūtilis, useful, from ūtī, to use.
utility - Business Definition
- In economics, a measure of satisfaction. For example, some middle-aged men gain substantial utility from driving sports cars, even though these vehicles are expensive and impractical.
- A business that provides an essential service, generally under government regulation. Electric companies, gas transmission firms, and local telephone companies are utilities.
- A software program designed to perform a specific task related to managing a computer's resources. For example, a defragmenter program can detect and restructure fragmented files.
utility - Computer Definition
- A computer program dedicated to the management of a computer system, a utility is narrowly focused on a task such as maintaining a database, improving the efficiency of computer storage, searching for viruses, encrypting and decrypting data, and compressing and decompressing data.
- A company that performs or provides an essential public service, such as electric power, natural gas, sewer, telephone, or water.
(1) See utility program.
(2) Usefulness; fitness for a particular use. Utility is one of the six fundamental components of information security (see Parkerian Hexad). For example, if data are encrypted and the decryption key is unavailable, the breach of security is in the lack of utility of the data (they are still confidential, possessed, integral, authentic and available).
utility - Investment & Finance Definition
A company that generates, transmits or distributes important services, such as electricity, heating oil, or natural gas that is used to heat homes and businesses. Usually state authorities are involved in regulating utilities, although in recent years there has been a movement to deregulate the electricity market. The natural gas industry is currently deregulated. On a federal level, the Federal Energy Regulatory Commission regulates approximately 200 investor-owned utilities.
utility - Legal Definition
- Some society-benefiting quality.
- The ability to form some function.
- A business that forms an essential public service and that is often government regulated, such as a public-service utility, electric company, and so on.