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maximin

[mak-suh-min] /ˈmæk sə mɪn/
noun
1.
a strategy of game theory employed to maximize a player's minimum possible gain.
Compare minimax.
Origin
1950-1955
1950-55; maxi(mum) + min(imum)
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for maximin

maximin

/ˈmæksɪˌmɪn/
noun
1.
(maths) the highest of a set of minimum values
2.
(in game theory, etc) the procedure of choosing the strategy that most benefits the least advantaged member of a group Compare minimax
Word Origin
C20: from maxi(mum) + min(imum)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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maximin in Technology
The Free On-line Dictionary of Computing, © Denis Howe 2010 http://foldoc.org
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