MEANING
The process of making a quantity or benefit as large as possible under stated conditions.
Use it for
Words that belong together
- profit maximization
- maximization of value
On the page
The model assumes maximization of benefit under a fixed budget.
Word forms
- Base
- maximization
Usage notes
Primary category: academic / formal. Forms: Usually uncountable; no ordinary plural in this sense. Legacy lexical fields mirror sense 1 only. Use numbered sense fields for all meanings. Established modern English lexical item. No separate regional spelling or grammatical inflection entry. Commonness: moderately common.
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