optimum
Definitions (2)
1. The best. Usually refers to a most preferred choice by consumers subject to a budget constraint, a profit maximizing choice by firms or industry subject to a technological constraint, or in general equilibrium, a complete allocation of factors and goods that in some sense maximizes welfare.
2. As an adjective, same as optimal.
Recommended Articles from InvestorGuide.com
Investing Tips
Sector-Specific Mutual FundsOwning a mutual fund that invests in 100 companies doesn't necessarily mean that you are at optimum diversification either. Many mutual funds are sector specific, so owning a telecom or health care mu ... Read more
Related Videos
Featured Advertiser
