noun
utile
Utile (noun) means (economics) A theoretical unit used to measure the satisfaction gained from an economic exchange.
noun
1
(economics) A theoretical unit used to measure the satisfaction gained from an economic exchange.
"Rational agents always maximize the number of utiles procured; that is, they will always choose those outcomes which promise to produce the most utiles."
— Louis Groarke, The Good Rebel: Understanding Freedom and Morality (2002)
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Etymology
Comes from Middle French utile, from Old French utele, from Latin ūtilis.
Rhymes for utile
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What is the meaning of utile?
"utile" (noun) means (economics) A theoretical unit used to measure the satisfaction gained from an economic exchange.