C1nounUK spelling: maximisationformalbusinessacademic
US/ˌmæk.sə.məˈzeɪ.ʃən/
UK/ˌmæk.sɪ.maɪˈzeɪ.ʃən/
the process of making something as large, good or effective as possible
In context
The company focuses on the maximization of profit above everything else.
Shareholders often push for the maximization of short-term returns.
Critics say the maximization of growth harms the environment.
Words that go with maximization
noun + noun
- profit maximizationProfit maximization is the main goal of the firm.
- revenue maximizationRevenue maximization can hurt customer trust.
- value maximizationValue maximization guides the investors.
- wealth maximizationWealth maximization is a common goal in corporate finance.
- utility maximizationUtility maximization is a basic idea in economics.
noun + preposition
- maximization ofThe maximization of efficiency saves money.
Common mistakes
Incorrect:
the maximize of profitCorrect: the maximization of profit