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utile

/ˈjuː.taɪl/

Meanings
noun
A theoretical unit of measure of utility, for indicating a supposed quantity of satisfaction derived from an economic transaction.

Examples :

"After buying the coffee, Sarah estimated her satisfaction at 5 utiles, reflecting its value to her that morning. "
utility economy value theory finance

Related Words

Illustration estimated

estimated verb

/ˈɛstɪmeɪtɪd/ /ˈɛstəmətɪd/

To calculate roughly, often from imperfect data.

"The builders estimated the cost of the new roof to be around $5,000, based on the size and materials needed. "

Illustration backpack

backpack noun

/ˈbæk.pæk/

A knapsack, sometimes mounted on a light frame, but always supported by straps, worn on a person’s back for the purpose of carrying things, especially when hiking, or on a student's back when carrying books.

"My son wore his backpack to school every day, carrying his books and lunch. "

Illustration carrying

carrying verb

/ˈkæɹiɪŋ/

To lift (something) and take it to another place; to transport (something) by lifting.

"She was carrying a heavy backpack to school. "

Illustration quantity

quantity noun

/ˈkwɑndədi/ /ˈkwɒn.tɪ.ti/ /ˈkwɑn(t)ɨti/

A fundamental, generic term used when referring to the measurement (count, amount) of a scalar, vector, number of items or to some other way of denominating the value of a collection or group of items.

"You have to choose between quantity and quality."

Illustration transaction

transaction noun

/tɹænˈzækʃən/

The act of conducting or carrying out (business, negotiations, plans).

"The transaction was made on Friday with the supplier."

Illustration satisfaction

satisfaction noun

/sætɪsˈfækʃən/

A fulfilment of a need or desire.

"After studying hard for the exam, the student felt a great satisfaction. "

Illustration indicating

indicating verb

/ˈɪndɪkeɪtɪŋ/

To point out; to discover; to direct to a knowledge of; to show; to make known.

"The guard blew his whistle to indicate imminent departure."

Illustration economic

economic adjective

/ˌiːkəˈnɒmɪk/ /ˌɛkəˈnɑmɪk/

Pertaining to an economy.

"The economic situation in the city has affected many families' ability to afford groceries. "

Illustration textbooks

textbooks noun

/ˈtɛkstbʊks/

A coursebook, a formal manual of instruction in a specific subject, especially one for use in schools or colleges.

"Students need to buy their textbooks before the first day of class. "

Illustration supposed

supposed verb

/spoʊst/ /səˈpəʊzɪd/ /spəʊst/ /səˈpoʊzd/

To take for granted; to conclude, with less than absolute supporting data; to believe.

"Suppose that A implies B and B implies C. Then A implies C."

Illustration theoretical

theoretical adjective

/ˌθi.əˈɹɛtɪkəl/

Of or relating to theory; abstract; not empirical.

"The theoretical model for how to improve student focus in class was presented, but it hasn't yet been tested in a real classroom setting. "

Illustration reflecting

reflecting verb

/ɹɪˈflɛktɪŋ/

To bend back (light, etc.) from a surface.

"A mirror reflects the light that shines on it."