What does utilization mean?
Definitions for utilization
uti·liza·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word utilization.
Princeton's WordNet
use, usage, utilization, utilisation, employment, exercisenoun
the act of using
"he warned against the use of narcotic drugs"; "skilled in the utilization of computers"
utilizationnoun
the state of having been made use of
"the rate of utilization"
Wikipedia
Utilization
Rental utilization - economy Capacity utilization - load on some process Utilization management - medicine
ChatGPT
utilization
Utilization refers to the act of using something effectively and efficiently for a particular purpose. It often refers to the degree to which something is being used or the way it is being put into use. The term is often used in various fields such as economics, business, medicine, and computer science to indicate how much of a resource (like time, equipment, capability, etc) is being put into productive use.
Webster Dictionary
Utilizationnoun
the act of utilizing, or the state of being utilized
Wikidata
Utilization
In equipment and tool rental companies, utilization is the primary method by which asset performance is measured and business success determined. In basic terms it is a measure of the actual revenue earned by assets against the potential revenue they could have earned. Rental utilization is divided into a number of different calculations, and not all companies work precisely the same way. In general terms however there are 2 key calculations: the physical utilization on the asset, which is measured based on the number of available days for rental against the number of days actually rented., and the financial utilization on the asset which is measured as the rental revenue achieved over a period of time against the potential revenue that could have been achieved based on a target or standard, non-discounted rate. Physical utilization is also sometimes referred to as spot utilization, where a rental company looks at its current utilization of assets based on a single moment in time.
Numerology
Chaldean Numerology
The numerical value of utilization in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of utilization in Pythagorean Numerology is: 3
Examples of utilization in a Sentence
Many (rich) countries are devoting enough resources but the utilization of those resources is not optimum. Too many efforts are being made for people who are in-patients in mental hospitals and otherwise in custodial care and too few resources are spent on community care.
The announcement only addresses one element of the path forward – the utilization of testing to help further protect public health, we strongly believe it must also be utilized in conjunction with measures to reduce quarantine levels.
We know that ZIP code matters, we know very clearly that things such as educational attainment, access and utilization of things like tobacco, physical inactivity, nutrition, the location of if they have access to things like grocery stores, all those things matter at the county level and at the local level.
I have to fight for treatments all doctors and surgeons say I need. Everyone was saying I need this, and yet my claim was sent to utilization review and being denied.
The timing of my resignation was the result of two overriding concerns : the failure in my view, of the State Department to offer support to Foreign Service employees caught up in the impeachment inquiry ; and, second, by what appears to be the utilization of our ambassadors overseas to advance domestic political objectives, to see the emerging information on the engagement of our missions to procure negative political information for domestic purposes, combined with the failure I saw in the building to provide support for our professional cadre in a particularly trying time, I think the combination was a pretty good reason to decide enough, that I had no longer a useful role to play.
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Translations for utilization
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"utilization." Definitions.net. STANDS4 LLC, 2024. Web. 27 Jul 2024. <https://www.definitions.net/definition/utilization>.
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