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InvestHub.com's
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.
 

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.
 

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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