Definition of satisfice in English:

satisfice

Line breaks: satis|fice
Pronunciation: /ˈsatɪsfʌɪs
 
/

verb

[no object] formal
  • Decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal.
    More example sentences
    • As Simon pointed out, we usually ‘satisfice’ instead of optimizing difficult problems due to limited time and insight, settling for a solution that is good enough.

Origin

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

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