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Glossary   >   U   >   "Utility" Definition            Utility 1. An economic term used to describe the total satisfaction obtained by a consumer from consuming goods or services. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Utility \ 1. An economic term used to describe the total satisfaction obtained by a consumer from consuming goods or services.