utilon
utilon noun: a hypothetical unit measuring satisfaction.
Noun
utilon (plural utilons)
- A hypothetical unit measuring satisfaction.
- However, you have to realize that you should measure the costs and payoffs in utilons, not in dollars. $1 is almost infinitesimally small (in utilons), while $1M payoff is huge - it is perfectly rational to buy the ticket.2011 November 13, Radovan Garabík, “In support of Keith”, in rec.arts.sf.fandom (Usenet), message-ID <j9o6m2$4kf$1@speranza.aioe.org>
- A trader or trading firm having zero wealth, I've already said, should be considered infinitely bad. So therefore assign -∞ utilons to zero wealth. Conversely, infinite wealth should probably have infinity utilons, though large numbers might behave oddly.2019 June 18, Agustin Lebron, The Laws of Trading: A Trader's Guide to Better Decision-Making for Everyone, Hoboken, New Jersey: John Wiley & Sons, →ISBN, page 63
- Synonyms:
- util
Synonyms of utilon
Forms of utilon
| plural | utilons |
|---|
Origin of utilon
From util + -on.
Questions about utilon
- What does utilon mean?
- Utilon means a hypothetical unit measuring satisfaction.
- What part of speech is utilon?
- Utilon is a noun.
- What is the plural of utilon?
- The plural of utilon is utilons.
Words near utilon in the dictionary
Source and license
Adapted from Wiktionary: utilon (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “utilon.” Word.ws, https://word.ws/utilon. Based on Wiktionary, CC BY-SA 4.0.
