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Utility vs. Profit — What's the Difference?

Utility vs. Profit — What's the Difference?

Difference Between Utility and Profit

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Utility

Within economics, the concept of utility is used to model worth or value. Its usage has evolved significantly over time.

Profit

An advantageous gain or return; benefit.

Utility

The quality or condition of being useful; usefulness
"I have always doubted the utility of these conferences on disarmament" (Winston S. Churchill).

Profit

Financial gain from a transaction or from a period of investment or business activity, usually calculated as income in excess of costs or as the final value of an asset in excess of its initial value.

Utility

A useful article or device.
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Profit

To make a gain or profit.

Utility

A public utility.

Profit

To derive advantage; benefit
Profiting from the other team's mistakes.

Utility

A commodity or service, such as electricity, water, or public transportation, that is provided by a public utility.

Profit

To be beneficial to
What has all this time in school profited you?.

Utility

(Computers) A utility program.

Profit

Total income or cash flow minus expenditures. The money or other benefit a non-governmental organization or individual receives in exchange for products and services sold at an advertised price.

Utility

(Economics) The benefit that a chosen course of action affords, as subjectively judged by the chooser.

Profit

Benefit, positive result obtained.
Reading such an enlightening book on the subject was of much profit to his studies.

Utility

Prepared to play any of the smaller theatrical roles on short notice
A utility cast member.

Profit

Senseid|en|interest in land}} (property law) {{ellipsis of profit à prendre

Utility

Capable of playing as a substitute in any of several positions
A utility infielder.

Profit

(transitive) To benefit (somebody), be of use to (somebody).

Utility

Designed for various often heavy-duty practical uses
A utility knife.
A utility vehicle.

Profit

To benefit, gain.

Utility

Raised or kept for the production of a farm product rather than for show or as pets
Utility livestock.

Profit

To take advantage of, exploit, use.

Utility

Of the lowest US Government grade
Utility beef.

Profit

Acquisition beyond expenditure; excess of value received for producing, keeping, or selling, over cost; hence, pecuniary gain in any transaction or occupation; emolument; as, a profit on the sale of goods.
Let no man anticipate uncertain profits.

Utility

The state or condition of being useful; usefulness.

Profit

Accession of good; valuable results; useful consequences; benefit; avail; gain; as, an office of profit,
This I speak for your own profit.
If you dare do yourself a profit and a right.

Utility

Something that is useful.

Profit

To be of service to; to be good to; to help on; to benefit; to advantage; to avail; to aid; as, truth profits all men.
The word preached did not profit them.
It is a great means of profiting yourself, to copy diligently excellent pieces and beautiful designs.

Utility

(economics) The ability of a commodity to satisfy needs or wants; the satisfaction experienced by the consumer of that commodity.

Profit

To gain advantage; to make improvement; to improve; to gain; to advance.
I profit not by thy talk.

Utility

(philosophy) Well-being, satisfaction, pleasure, or happiness.

Profit

To be of use or advantage; to do or bring good.
Riches profit not in the day of wrath.

Utility

A natural or legal areal monopoly distributer of a commodity (less often a service) delivered in continuous flows to multiple consumers from a common physical, infrastructural network, such as an electric company or water company; or, the securities of such a provider.

Profit

The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)

Utility

(computing) A software program designed to perform a single task or a small range of tasks, often to help manage and tune computer hardware, an operating system or application software.
I've bought a new disk utility that can recover deleted files.

Profit

The advantageous quality of being beneficial

Utility

(sports) The ability to play multiple positions.

Profit

Derive a benefit from;
She profited from his vast experience

Utility

Having to do with, or owned by, a service provider.
Utility line; utility bill

Profit

Make a profit; gain money or materially;
The company has not profited from the merger
I lost thousands of dollars on that bad investment!
The company turned a loss after the first year

Utility

(Of a building or its components) containing or intended for any of a building’s often-utility-related commodity transport, such as pipes or wires, or converting equipment, such as furnaces, water tanks or heaters, circuit breakers, central air conditioning units, laundry facilities, etc.
Utility room; utility corridor

Utility

Functional rather than attractive.

Utility

The quality or state of being useful; usefulness; production of good; profitableness to some valuable end; as, the utility of manure upon land; the utility of the sciences; the utility of medicines.
The utility of the enterprises was, however, so great and obvious that all opposition proved useless.

Utility

Adaptation to satisfy the desires or wants; intrinsic value. See Note under Value, 2.
Value in use is utility, and nothing else, and in political economy should be called by that name and no other.

Utility

Happiness; the greatest good, or happiness, of the greatest number, - the foundation of utilitarianism.

Utility

A company that performs a public service; subject to government regulation

Utility

The quality of being of practical use

Utility

The service provided by a utility company;
The cost of utilities never decreases

Utility

(economics) a measure that is to be maximized in any situation involving choice

Utility

(computer science) a program designed for general support of the processes of a computer;
A computer system provides utility programs to perform the tasks needed by most users

Utility

A facility composed of one or more pieces of equipment connected to or part of a structure and designed to provide a service such as heat or electricity or water or sewage disposal;
The price of the house included all utilities

Utility

Used of beef; usable but inferior

Utility

Capable of substituting in any of several positions on a team;
A utility infielder

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