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utilization

/juːtɪlɪˈzeɪʃən/ noun · British & US
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What does utilization mean?

noun

The act of using or employing something, especially resources or equipment, to the best advantage. The use of resources in the most efficient way possible.

Example

"The company's goal is to maximize the utilization of its manufacturing facilities."

Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.

Etymologically related

Synonyms for utilization

Antonyms of utilization

Rhymes with utilization