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utiles

/ˈjuːtɪlz/ /ˈjuːtɪliːz/

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

Examples :

"The economist suggested that, for Maria, buying a new textbook provided 50 utiles of satisfaction, while buying a coffee gave her only 10. "
utility economy theory value business finance

Related Words

Illustration measure

measure noun

/ˈmɛʒə/ /ˈmɛʒɚ/

A prescribed quantity or extent.

"The recipe calls for a precise measure of baking soda. "

Illustration provided

provided verb

/pɹəˈvaɪdɪd/

To make a living; earn money for necessities.

"It is difficult to provide for my family working on minimum wage."

Illustration textbook

textbook noun

/ˈtɛkst.bʊk/

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

"My math teacher recommended a specific textbook for extra practice. "

Illustration suggested

suggested verb

/səˈdʒɛstɪd/ /səɡˈdʒɛstɪd/

To imply but stop short of saying explicitly.

"Are you suggesting that I killed my wife?"

Illustration economist

economist noun

/iːˈkɒn.ə.mɪst/ /iːˈkɑn.ə.mɪst/

An expert in economics, especially one who studies economic data and extracts higher-level information or proposes theories.

"The economist analyzed the sales figures and predicted a downturn in the local bakery business. "

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 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. "