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English definition of “utilize”

utilize

verb [T] (UK also utilise)     /ˈjuːtɪlaɪz/
to use something in an effective way: The investment strategy is utilized by experienced multinationals .
utilizable (UK also utilisable) /ˈjuːtɪlaɪzəbl̩/ US   /-ṱəlaɪ-/ adjective
(Definition of utilize verb from the Cambridge Business English Dictionary © Cambridge University Press)
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