word
Utility
yoo-TIL-ih-tee
/juːˈtɪlɪtiː/Listen
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Syllable breakdown
utility
Dictionary meaning
Measure of satisfaction or benefit derived from consuming goods and services — the core concept of consumer choice theory; 'marginal utility' is the additional satisfaction from one more unit; diminishing marginal utility explains why the first pizza slice is more satisfying than the fifth
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