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satisfice definition

sat·is·fice (sat′is fīs′)

intransitive verb satisficed -·ficed′, satisficing -·fic′·ing

☆ to be satisfied with a minimum or merely satisfactory level of performance, profitability, etc. rather than a maximum or optimum level

Etymology: coined by H. A. Herbert Alexander Simon < satis(fy) + (suf)fice

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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