minimization

What it means

1. countableuncountableThe act of lowering something to its smallest value or extent.

   companies should engage in risk minimization

2. countableuncountablehuman sciencesThe tendency to present events as trivial or unimportant; trivialization

   the minimization of racial experiences by peers

3. countableuncountablemathematicsThe process of finding the minimum value of a function.

In a sentence

companies should engage in risk minimization

Where it comes from

From minimize + -ation.