Utility
Utility , noun
[Old English utilite, French utilité, Latin utilitas, from utilis useful. See Utile.]
1.
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.
2.
(Polit. Econ.) 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.
3.
Happiness; the greatest good, or happiness, of the greatest number, -- the foundation of utilitarianism. — J. S. Mill