[1] : The Collaborative International Dictionary of English v.0.48

utilization \u`tiliza"tion\, n. cf. f. utilization.
   the act of utilizing, or the state of being utilized.
   1913 webster

[2] : WordNet (r) 2.0

utilization
     n 1: the act of using; "he warned against the use of narcotic
          drugs"; "skilled in the utilization of computers" syn:
          use, usage, utilisation, employment, exercise
     2: the state of having been made use of; "the rate of
        utilization"
see also:
use usage utilisation employment exercise 

Utilization >> U Words
Utilization, definition of term: Utilization
utilization_pag1.html