Definitions for utilization
uti·liza·tion

Princeton's WordNetRate this definition:0.0 / 0 votes

1. use, usage, utilization, utilisation, employment, exercisenoun

   the act of using

   "he warned against the use of narcotic drugs"; "skilled in the utilization of computers"

2. utilizationnoun

   the state of having been made use of

   "the rate of utilization"

WikipediaRate this definition:0.0 / 0 votes

1. Utilization

   Rental utilization - economy Capacity utilization - load on some process Utilization management - medicine

ChatGPTRate this definition:0.0 / 0 votes

1. 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 DictionaryRate this definition:1.5 / 2 votes

1. Utilizationnoun

   the act of utilizing, or the state of being utilized

WikidataRate this definition:3.3 / 3 votes

1. 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.

Matched Categories

1. • Activity
   • State

How to pronounce utilization?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say utilization in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of utilization in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of utilization in Pythagorean Numerology is: 3

Examples of utilization in a Sentence

1. Zig Ziglar:

   Success is the maximum utilization of the ability that you have.

2. Stephen Innes:

   There is nothing like an early start to the hurricane season to support oil prices, but looking under the hood of the EIA data, it paints an even rosier picture for U.S. oil markets, imports down, exports likely up and refinery utilization at yearly highs.

3. Lou Brien:

   We do have a bid in the market and I think it's because of the continued weakness in industrial production and utilization.

4. John Kilduff:

   The decline in refinery utilization is also bearish for crude oil price, since any diminution in demand will cause the recent trend of crude oil inventory declines to reverse.

5. T. J. Hoover:

   Engineering is the professional and systematic application of science to the efficient utilization of natural resources to produce wealth.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=utilization
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Utilization
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/utilization
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=utilization