Utilize (Verb)
Meaning 1
Convert (from an investment trust to a unit trust).
Classification
Verbs of size, temperature change, intensifying, etc..
Examples
- The board of directors voted to utilize the conversion process from an investment trust to a unit trust, believing it would increase shareholder value.
- The investment firm decided to utilize this opportunity to expand its market reach by converting its investment trust to a unit trust.
- Investors can utilize their existing shares in the investment trust when it converts to a unit trust, providing them with greater diversification and flexibility.
- The regulatory changes will allow the fund managers to utilize beneficial conversions from traditional investment trusts to more flexible unit trusts.
- Converting from an investment trust to a unit trust will allow the investment firm to better utilize its resources in a more cost-effective and tax-efficient manner.
Hypernyms
Meaning 2
Put into service; make work or employ for a particular purpose or for its inherent or natural purpose; "use your head!"; "we only use Spanish at home"; "I can't use this tool"; "Apply a magnetic field here"; "This thinking was applied to many projects"; "How do you utilize this tool?"; "I apply this rule to get good results"; "use the plastic bags to store the food"; "He doesn't know how to use a computer".
Classification
Verbs of eating and drinking.
Examples
- The company plans to utilize the new machine to increase production efficiency.
- She knows how to utilize her resources effectively in difficult situations.
- To finish the project, we will utilize the services of a professional consultant.
- The research aims to utilize advanced technology to develop sustainable energy solutions.
- The team learned to utilize their skills and experience to overcome the obstacles and achieve their goals.
Synonyms
Hyponyms
- Strain
- Avail
- Consecrate
- Devote
- Recycle
- Reuse
- Share
- Put
- Ply
- Exploit
- Commit
- Give
- Waste
- Play
- Fall Back
- Exert
- Work
- Implement
- Address
- Enjoy
- Recur
- Cannibalize
- Take
- Pull Out All The Stops
- Misapply
- Overuse