- utilization rate
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The percentage of the capacity of a device or system that is be used productively.
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utilization rate
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utilization rate — i. As it pertains to combat aircraft, it means the average number of sorties, hours flown, or hours to be flown per aircraft per day or month. More commonly, it is the average number of hours per aircraft per month. Also known as a flying hour… … Aviation dictionary
Capacity Utilization Rate — A metric used to measure the rate at which potential output levels are being met or used. Displayed as a percentage, capacity utilization levels give insight into the overall slack that is in the economy or a firm at a given point in time. If a… … Investment dictionary
Credit Utilization Rate — An input used in determining a person s credit score. It is the amount of outstanding balances on all credit cards divided by the sum of each card s limit, and it s expressed as a percentage. For example, if you have a $2,000 balance on one card… … Investment dictionary
Rig Utilization Rate — A ratio used in the oil services industry that measures the amount of rigs being used as a total percentage of a company s entire fleet. A company s rig utilization rate often speaks volumes about both a company s current prospects and the global … Investment dictionary
capacity utilization rate — noun The percentage of the capacity of a device or system that is being used productively. Syn: capacity utilization, utilization rate … Wiktionary
Operable utilization rate — Represents the use of the atmospheric crude oil distillation units. The rate is calculated by dividing the gross input to these units by the operable refining capacity of the units. U.S. Dept. of Energy, Energy Information Administration s… … Energy terms
Operating utilization rate — Represents the use of the atmospheric crude oil distillation units. The rate is calculated by dividing the gross input to these units by the operating refining capacity of the units. U.S. Dept. of Energy, Energy Information Administration s… … Energy terms
Refinery utilization rate — Represents the use of the atmospheric crude oil distillation units. The rate is calculated by dividing the gross input to these units by the operable refining capacity of the units. U.S. Dept. of Energy, Energy Information Administration s… … Energy terms
utilization — utilize u‧til‧ize [ˈjuːtlaɪz] also utilise verb [transitive] to use something effectively: • The offices have a heating system that utilizes solar energy. utilization noun [uncountable] : • the full utilizatio … Financial and business terms
capacity utilization rate — The percentage of the economy s total plant and equipment that is currently in production. Usually, a decrease in this percentage signals an economic slowdown, while an increase signals economic expansion. Bloomberg Financial Dictionary … Financial and business terms
