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Finance Dictionary and Glossary of Investment Terms
utility
Definition 1.
A basic service such as electricity, gas, or water, or the company that provides such a service. Utilities are often regulated by the government.
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Definition 2.
A power company that owns or operates facilities used for the generation, transmission, or distribution of electric energy, which is regulated at state and federal levels.
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Definition 3.
1. An economic term used to describe the total satisfaction obtained by a consumer from consuming goods or services.2. A company that generates, transmits, and/or distributes electricity, water, and/or gas from facilities that it owns and/or operates.
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