UTILITY BILL Meaning and
Definition
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A utility bill refers to an itemized statement that outlines the charges and costs associated with various public services consumed by residential or commercial properties. It is a financial document issued by utility service providers, such as electricity, gas, water, sewerage, telephone, or cable companies, to their customers on a regular basis, typically monthly or quarterly.
This bill serves as a record of the usage and corresponding charges for the specific utilities utilized within a given period. It offers detailed information regarding the consumption levels and rates for each service, allowing customers to review and verify the accuracy of the charges. Commonly included in a utility bill are details such as the billing period, meter readings or estimates, unit rates, taxes, service fees, and any applicable discounts or penalties.
Utility bills play a crucial role in managing personal or business expenses, aiding in budgeting and resource allocation. They are also important for monitoring and tracking usage patterns, enabling customers to analyze and reduce excessive consumption to promote energy or resource efficiency.
Typically, utility bills are sent through traditional mail or electronic means, depending on the preference and arrangement with the service provider. Payment methods and deadlines are specified on the bill, and non-payment may result in disconnection or additional penalties. By promptly settling the charges presented in utility bills, customers can ensure uninterrupted access to essential services and maintain a healthy financial standing.
Common Misspellings for UTILITY BILL
- ytility bill
- htility bill
- jtility bill
- itility bill
- 8tility bill
- 7tility bill
- urility bill
- ufility bill
- ugility bill
- uyility bill
- u6ility bill
- u5ility bill
- utulity bill
- utjlity bill
- utklity bill
- utolity bill
- ut9lity bill
- ut8lity bill
- utikity bill
- utipity bill
Etymology of UTILITY BILL
The word "utility" originates from the Latin word "utilitas", meaning "usefulness" or "advantage". It entered English via Middle French in the late 14th century. The term "bill" is derived from the Old English word "bil", which meant a written statement or document. The combination of these words ultimately gave birth to the phrase "utility bill", referring to a written statement or document detailing the charges for utility services such as electricity, gas, water, etc.
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