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Definition of Utility
The measure of the welfare or satisfaction of an investor or person.
The welfare a given investor assigns to an investment with a particular return and risk.
A mathematical expression that assigns a value to all possible choices. In portfolio theory the
The graphical expression of a utility function, where the horizontal axis measures risk and
The spread between two issues of the same maturity within a market sector. For
The classifications of bonds by issuer characteristics, such as state government, corporate, or utility.
An efficient portfolio most preferred by an investor because its risk/reward characteristics
Those that vary with the amount of goods you produce or sell. These may include utility bills, labor, etc.
Refers to the accounting method that records increases
an extension of activitybased costing using cost-benefit analysis (based on increased customer utility) to choose the product attribute
The reduction in utility of an inventory item or fixed asset. If it is an
The cost that would be incurred to replace an existing asset with one having the same utility.
Cost of acquiring a new asset to replace an existing asset with the same functional utility.
A system where funds are electronically debited from your account on a specified date by a financial institution (e.g., bill, mortgage or personal loan payments) or perhaps an insurance or an utility company.
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