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Utility |
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UtilityA power company that owns or operates facilities used for the generation, transmission, or distribution of electric energy, which is regulated at state and federal levels.Utility Similar MatchesPublic Utility Holding Company Act of 1935Public Utility Holding Company Act of 1935Legislation intended to eliminate many holding company abuses by reorganizing the financial structures of holding companies in the gas and electric utility industries and regulating their debt and dividend policies. Utility revenue bondUtility revenue bondA municipal bond issued to finance the construction of public utility services. These bonds are repaid from the operating revenues the project produces after the utility is finished. Utility functionUtility functionA mathematical expression that assigns a value to all possible choices. In portfolio theory, the utility function expresses the preferences of economic entities with respect to perceived risk and expected return. Utility functionUtility functionA function that specifies the utility (well being) of a consumer for all combinations goods consumed (and sometimes other considerations). Represents both their welfare and their preferences. Marginal utilityMarginal utilityThe change in total satisfaction as a result of consuming one additional unit of a specific good or service. Further SuggestionsUtility possibility frontierDixit-Stiglitz utility Quasi-linear utility |
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