utility

noun | util·i·ty
  1. : fitness for some purpose or worth to some end

  1. a : public utility

    b : a service or commodity provided by a public utility paid for rent and utilities; also : equipment or material used in providing such a service or commodity an easement limited to purposes of travel which does not include the right to install utilities —Ware v. Public Serv. Co., 412 A.2d 84 (1980) : equipment or material used in providing such a service or commodity an easement limited to purposes of travel which does not include the right to install utilities —Ware v. Public Serv. Co., 412 A.2d 84 (1980)

  1. : stocks or bonds of utility companies utilities performed poorly