Minimaxed

Part of speech: verb

Definitions

  1. To have strategically adjusted a decision-making approach that seeks to reduce maximum losses while ensuring minimum gains are achieved
  2. To have successfully calculated a method that balances risk and reward by minimizing worst-case outcomes alongside maximizing the best possible results
  3. To have applied a strategy that focuses on achieving the least possible maximum loss while also securing the smallest gains achievable

Etymology: "Minimaxed" is the past tense and past participle of "minimax," a verb meaning to have settled on a strategy that keeps the worst possible outcome as small as it can be while still reaching for the best one. The verb is built from the first halves of two words: "minimum," the smallest value, and "maximum," the largest, joined into a single blend. Because the verb "minimax" is a blend rather than a combination of complete words, it reads as a compact piece of mathematical shorthand. The two halves sit side by side to describe a single decision rule: minimise the loss, maximise the gain. Its past forms, "minimaxed" and the participle used in the same way, simply describe a completed application of that rule.