maximize
/ˈmaksɪmʌɪz
/(also maximise)
verb [with object]
1Make as large or great as possible: the company was aiming to maximize profits...
- We also adopt the standard microeconomic assumption that the firm aims to maximize its profits.
- Your aim is to maximise the total profit, within the legal constraints that all tickets are treated equally.
- It doesn't take a genius to realise that, where possible, they will maximise that profit.
1.1Make the best use of: a thriller that maximizes the potential of its locations...
- They would like to maximize the potential of their pace battery which is the engine which drives them on a cricket field.
- Consequently, she has put every other aspect of her life on hold to ensure that she maximises her true potential.
- If he's good enough, it's guaranteed they'll find him and he'll be directed in a way that maximises his potential.
Derivatives
maximization
/ noun ...- In realist theory, the maximization of power is achieved by the nation-state in the international sphere, not the government.
- The maximization of value, profit and satisfaction are still the critical success factors in a commercial transaction.
- Through measured results, they show this maximization.
maximizer
- This seems reasonable but I just don't think that it works in a world of human beings who are not perfectly rational value maximisers.
- But what it is useful for is adding more evidence to the growing pile that suggests that humans are not rational utility maximisers, as presupposed by economists; and pointing out that unfairness makes people unhappy.
- Rational choice theory views actors as rational insofar as they act instrumentally, are utility maximizers, possess stable and exogenous preferences, and are self-interested.
Origin
Early 19th century: from Latin maximus (see maximum) + -ize.