utility
//juːˈtɪləti//
Noun
utilitySingular
utilitiesPlural
1
The state or quality of being useful; usefulness or practical value
The utility of this tool in everyday tasks cannot be overstated.
2
A public service such as electricity, gas, water, or telecommunications provided to homes and businesses
The monthly utility bills include electricity, gas, and water.
3
A useful piece of software designed to perform a specific task, especially one relating to the management of computer resources
I installed a disk cleanup utility to free up space on my hard drive.
4
In economics, the satisfaction or benefit derived from consuming a product or service
Economists measure utility to understand consumer behavior and preferences.