utilization

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Estimates suggest that the utilization rate of household cars is around 5% — meaning that a car sits unused for 95% of its functional life.

From MarketWatch

Phreesia processed $1.2 billion in transactions volume, an increase of 9% year over year, through its billing functionality that facilitates payments for upfront costs such as medical deductibles with growing utilization.

From Barron's

Three months “is a substantial length of time to observe elevated visits, as most studies focused on acute care utilization following wildfire smoke exposure find increased visit counts over about a weeklong period,” Casey said.

From Los Angeles Times

Texas Instruments built too much chip making capacity and kept its utilization of these facilities too high in the past few years, even as demand declined from a pandemic-era spike, Goldman Sachs said.

From Barron's

The lower that number, the better, since reducing credit utilization can improve your credit score.

From MarketWatch