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noun (plural utilities)
1the state of being useful, profitable, or beneficial:he had a poor opinion of the utility of book learning (in game theory or economics) a measure of that which is sought to be maximized in any situation involving a choice.
) stocks and bonds in public utilities.
3 Computing a utility program.
1useful, especially through being able to perform several functions:a utility truck denoting a player capable of playing in several different positions in a sport. 2functional rather than attractive:utility clothing 3of or relating to the lowest US government grade of beef.