Category: U

Cost of using utilities like water, electricity. Found on financial statements.

In the civil law. The name of a species of interdict for retaining a thing, granted for the purpose of protecting the possession of a movable thing, as the uti possidetis was granted for an immovable. Inst. 4, 15, 4; Mackeld. Rom. Law,

Paying for the cost of utilities used.

1. Business. Firm owning and operating facilities for production and distribution of water, electricity, gas telecommunications to the public. 2. Computing. Program whose function is to maintain efficiency of the system. Also known as utility program.3. Economics. Value for money and pleasure arising from consuming services and goods. 4. Ethics. Said by Jeremy Bentham the English reformer and philosopher ” augment or diminish the happiness of the party whose interest is in question”.

Economics. When deciding on a purchase the consumer will look for maximum value for the least cost.

Relationship of differing money amounts and the uses it is put to.

Lat In international law. Warlike uses or objects. It is the usus bcllici which determine an article to be contraband. 1 Kent, Comm. 141. Usus est dominium fiduciarium. Bac. St Uses. Use is a fiduciary dominion. Usus et status sive posscssio potius differunt secundum rationem fori, quam secundum rationem rei. Bac. St. Uses. Use and estate, or possession, differ more in the rule of the court thau iu the rule of the matter.

Lat In Boman law. Usufruct; usufructuary right or possession. The temporary right of using a thing, without having the ultimate property, or full dominion, of the substance. 2 Bl. Comm. 327.

Lat. As it was wont to run; applied to a water-course.

L. Lat. As of fee.