maximizationn.
/ˌmaksᵻmʌɪˈzeɪʃn/, U.S. /ˌmæksəməˈzeɪʃ(ə)n/, /ˌmæksəˌmaɪˈzeɪʃ(ə)n/ The action or process of maximizing something, esp. economic return.
ΘΚΠ
the world > relative properties > quantity > increase in quantity, amount, or degree > [noun] > increase to highest point or degree
maximization1815
maximation1891
1815 J. Bentham Chrestomathia ii. 8 Maximizing the use and application made of this principle; i.e...raising it to a maximum. In this maximization consists the only peculiarity, and correspondent utility, of this part of the system.
1854 R. Owen Struct. Skeleton & Teeth in Orr's Circle Sci.: Org. Nature I. 260 A particular use, dependent on the maximization of the brain.
1886 E. B. Bax Relig. Socialism 94 That the supreme end of life is the maximisation of labour, and the minimisation of the enjoyment of its product.
1954 M. Beresford Lost Villages Eng. vi. 177 Those who pursued the maximisation of their economic advantage to the point of destroying villages.
1969 D. C. Hague Managerial Econ. (1971) iii. x. 208 We shall minimize this objective function, because the primal problem was a maximization problem.
2016 R. Ayres Energy, Complexity & Wealth Maximization xi. 366 Nowadays, the textbooks refer to ‘utility maximization’, borrowing the notion of utility from John Stuart Mill (Mill 1848).
This entry has been updated (OED Third Edition, March 2001; most recently modified version published online March 2022).
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n.1815