The meaning of UTILITY is fitness for some purpose or worth to some end. How to use utility in a sentence.

UTILITY definition: 1. a service that is used by the public, such as an electricity or gas supply: 2. a company that…. Learn more.

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In economics, utility is a measure of a certain person's satisfaction from a certain state of the world. Over time, the term has been used with at least two meanings. In a normative context, utility refers to a …

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Apr 6, 2026 · Discover how economic utility is measured using ordinal, cardinal, and marginal methods to understand consumer decision-making and spending habits.

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UTILITY definition: the state or quality of being useful; usefulness. See examples of utility used in a sentence.

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