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what is utility

Quick Scoop

**Utility** means **usefulness** or the ability of something to satisfy a need. In economics, it means the **satisfaction** a person gets from a good or service.

Common meanings

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Meaning Simple explanation Example
Everyday use How useful something is. A phone has utility because it helps you communicate.
Economics The satisfaction or benefit a person gets from consuming something. You may get more utility from lunch than from a snack.
Public services Services like water, electricity, gas, or internet. People pay utility bills for electricity and water.
Computing A small program that helps perform a task. File recovery tools are utilities.

In one line

If you mean it generally, **utility = usefulness** ; if you mean it in economics, **utility = satisfaction or value from a choice**.

Example

A raincoat has utility because it keeps you dry. A cold drink may have utility because it makes you feel better on a hot day.