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minimax

American  
[min-uh-maks] / ˈmɪn əˌmæks /

noun

  1. a strategy of game theory employed to minimize a player's maximum possible loss.


minimax British  
/ ˈmɪnɪˌmæks /

noun

  1. maths the lowest of a set of maximum values

  2. (in game theory, etc) the procedure of choosing the strategy that least benefits the most advantaged member of a group Compare maximin

"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

Etymology

Origin of minimax

First recorded in 1940–45; mini(mum) + max(imum)