The term 'utilised' is a combination of two words: 'applied' and 'USED'. Applied means to put something into practice or to make use of it, while USED means to take advantage of something. Utilised is the past tense of the verb 'UTILISE', which means to make use of something for a specific purpose. It is often USED in the context of making the most out of resources or taking advantage of opportunities. Utilised can also refer to the process of using something to its fullest potential.