u‧til‧ize AC (also utilise British English) /ˈjuːtəlaɪz, ˈjuːtɪlaɪz/ verb [transitive]
[Word Family: verb: utilize; noun: utilization; adjective: utilizable]
[Date: 1800-1900; Language: French; Origin: utiliser, from utile 'useful']
formal to use something for a particular purpose:
We must consider how best to utilize what resources we have.
—utilizable adjective
—utilization /ˌjuːtəlaɪˈzeɪʃən, ˌjuːtɪlaɪˈzeɪʃən $ -lə-/ noun [uncountable]

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In everyday English, people usually say use rather than utilize:
The money will be used to build a new sports hall.

[TahlilGaran] Dictionary of Contemporary English ▲