Meaning of the word minimization in English

What does minimization mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

minimization

US /ˌmɪn.ə.məˈzeɪ.ʃən/
UK /ˌmɪn.ə.məˈzeɪ.ʃən/

Noun

1.

the action of reducing something to the lowest possible level or amount:

Example:
We decided to abandon all these ideas for tax minimization.
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