What is EXPECTED UTILITY?

The weighted average utility value or satisfaction from income or wealth that is derived from a particular activity. Utility is generally used in an economic or theoretical RISK MANAGEMENT framework; precise measurement of a company

More On This Topic
  1. What is FED MED/EE Tax?
  2. What Does Fed OASDI/EE Mean on a Paycheck?
  3. Economic Recession VS Depression: Similarities & Differences
  4. Is It A Monopoly? Everything You Ever Wanted To Know
  5. How To Handle Foreign Income Tax
  6. Nepotism, Cronyism, & Favoritism: Illegal Or Unethical?
  7. What Can You Do If a Judge is Unfair?
  8. Outdated & Weird Laws You Can Still Be Charged With
  9. How Much Of My Social Security Benefit May Be Taxed
  10. Brexit Explained For Those Who Don’t Live In The UK

Related Legal Terms
AVERAGE EXPECTED RISK EXPOSURE, MARGINAL UTILITY OF MONEY, PRINCIPLE OF DIMINISHING MARGINAL UTILITY, EXPECTED CREDIT LOSS, MUNICIPAL UTILITY DISTRICT (MUD), EXPECTED VALUE, MARGINAL UTILITY, UTILITY THEORY, TERMINAL EXPECTED RISK EXPOSURE, TOTAL UTILITY OF MONEY


Link to This Definition
Did you find this definition of EXPECTED UTILITY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary