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satisfice

Pronunciation: /ˈsatɪsfʌɪs/
Definition of satisfice

verb

[no object] formal
  • decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal.

Origin:

mid 16th century (in the sense 'satisfy'): alteration of satisfy, influenced by Latin satisfacere. The formal use dates from the 1950s

satisfice in other Oxford dictionaries

Definition of satisfice in the US English dictionary
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