Utility: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Link with Beta page.) |
imported>Doug Williamson (Add link.) |
||
| (4 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
1. | 1. | ||
An economic measure of satisfaction gained from consumption of goods or services | An economic measure of satisfaction gained from consumption of goods or services. | ||
Sometimes quantified in 'utils'. | |||
| Line 7: | Line 9: | ||
A firm providing necessity goods and services, such as water supplies. | A firm providing necessity goods and services, such as water supplies. | ||
3. ''Financial institutions - know your customer (KYC)''. | |||
A KYC utility. | |||
<span style="color:#4B0082">'''''KYC evolving'''''</span> | |||
:"The world of cash management and payments is evolving in response to... technological advances. | |||
:Treasurers might want to consider solutions such as... the launch of various utility products for KYC management." | |||
:''Michelle Price, associate policy and technical director, Association of Corporate Treasurers, The Treasurer, August 2018, p24.'' | |||
| Line 13: | Line 29: | ||
* [[Diminishing marginal utility]] | * [[Diminishing marginal utility]] | ||
* [[Indifference curves]] | * [[Indifference curves]] | ||
* [[KYC utility]] | |||
* [[Marginal utility]] | * [[Marginal utility]] | ||
* [[Utility token]] | |||
[[Category:Knowledge_and_information_management]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 23:31, 11 August 2021
1.
An economic measure of satisfaction gained from consumption of goods or services.
Sometimes quantified in 'utils'.
2.
A firm providing necessity goods and services, such as water supplies.
3. Financial institutions - know your customer (KYC).
A KYC utility.
KYC evolving
- "The world of cash management and payments is evolving in response to... technological advances.
- Treasurers might want to consider solutions such as... the launch of various utility products for KYC management."
- Michelle Price, associate policy and technical director, Association of Corporate Treasurers, The Treasurer, August 2018, p24.
