utility

     

In economics, utility is a measure of the relative satisfaction from or esirability of consumption of goods. Given this measure, one may speak meaningfully of increasing or decreasing utility, and thereby explain economic behavior in terms of attempts to increase one's utility. For illustrative purposes, changes in utility are sometimes expressed in units called utils.

Trivia about utility

  • It's the quality of being useful, or the useful knife used to cut drywall