utility
Meaning
The term "utility" refers to the capacity of a good or service to satisfy human wants or needs, often evaluated in terms of its usefulness, practicality, or economic value; in philosophical contexts, it can also denote the ethical principle that actions a
💡 While "utility" is frequently used in economics, it is important to distinguish between its quantitative aspects (such as marginal utility) and its qualitative implications in ethical discussions, as misuse can lead to conflating economic value with moral worth.
Example Sentences
Common Phrases
marginal utility
utility maximization
public utility
Synonyms
Antonyms
Related Words
Never forget "utility"
Set a daily goal, reinforce with word cards and games, and track your progress in the Vocab5000 app — learn every C1 level word permanently with our science-based repetition system.
