maximin

[mak-suh-min] /ˈmæk sə mɪn/
noun
1.
a strategy of game theory employed to maximize a player's minimum possible gain.
Compare minimax.
Origin
1950-55; maxi(mum) + min(imum)
British Dictionary definitions for maximin

maximin

/ˈmæksɪˌmɪn/
noun
1.
(maths) the highest of a set of minimum values
2.
(in game theory, etc) the procedure of choosing the strategy that most benefits the least advantaged member of a group Compare minimax
Word Origin
C20: from maxi(mum) + min(imum)
maximin in Technology