What is a utility?

Business: Large firm that owns and/or operates facilities used for generation and transmission or ... [BusinessDictionary.com] TERM OF THE DAY OCTOBER 13, 2016 [utility] [facebook] [twitter] 1. Business: Large firm that owns and/or operates facilities used for generation and transmission or [distribution] of [electricity], gas, or water to [general] public. 2. Computing: Auxiliary [program] that performs a specific useful [function] to [maintain], or augment the [efficiency] of, a [computer system]. Utilities [range] from the small and simple to the large and [complex], and from being marginally ... [Read more] USAGE EXAMPLE Duke Power is one of the biggest utility companies in North Carolina; it provides electricity for most of the Triangle and the Piedmont areas. TODAY'S LATEST [InvestorGuide Daily] [BlackBerry Is Ready for a Massive Turnaround: Buy Now] [BlackBerry Ltd's (BBRY) turnaround seems to always be around the corner. The company has been hoping to turn its fortunes around under the leadership of John Chen, however, it has ...Read more] [InvestorGuide Stock of the Day] [Alcoa (AA) Slides 11%: Here's What You Need to Know] [Shares of Alcoa Inc (AA) fell on Tuesday against the backdrop of a lower day in stocks overall. Alcoa's stock was down 11.4%, shedding $3.60 per share to close at $28. On ...Read more] RECOMMENDED LINKS [Business Dictionary Recommended] [Planning a Successful Product Launch] [Now that your company has a finished product ready to hit the market, a gargantuan, dreaded task remains - the product launch. For some successful companies it ...] [BusinessDictionary.com] [Investor Guide Recommended] [Protecting Your Assets from a Lawsuit] [In the movie U-571, an American submarine crew is charged with taking over a broken stranded German submarine during World War II in order to steal an enigma coding machine that ...] [InvestorGuide.com] [DQ] [If you had a pill that would extend your life 1,000 years, would you take it? Why or why not?] [Have something to say? Don't be shy, answer this question and let us know what you think. Feeling adventurous? Then don't stop with one question and continue browsing!] [Daily-Question.com] DOWNLOAD OUR APP [Download BD Android] [Download BD iOS] Copyright 2016 WebFinance Inc. All Rights Reserved. BusinessDictionary.com Term of the Day is published by WebFinance Inc., the operators of [InvestorWords], [InvestorGuide], and [BusinessDictionary], and is sent only to those who have specifically requested it. [MANAGE SUBSCRIPTION] | [DISCLAIMER] 10201 Fairfax Boulevard, Suite 570, Fairfax, VA 22030