satisfice

World English Dictionary
satisfice (ˈsætɪsˌfaɪs)
 
vb
1.  (intr) to act in such a way as to satisfy the minimum requirements for achieving a particular result
2.  obsolete (tr) to satisfy
 
[C16: altered from satisfy]
 
'satisficer
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
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WordNet
satisfice

verb
decide on and pursue a course of action satisfying the minimum requirements to achieve a goal; "optimization requires processes that are more complex than those needed to merely satisfice" 
WordNet® 3.0, © 2006 by Princeton University.
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