Pareto optimal Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “Pareto optimal” in the English Dictionary

"Pareto optimal" in Business English

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Pareto optimaladjective

uk   us   ECONOMICS, WORKPLACE, PRODUCTION
using or ​dividingresources (= ​time, ​money, ​employees, etc.) in a way that ​results in a ​situation where nobody is doing worse than before, and at least one ​person is doing better: If the ​operation is not yet Pareto ​optimal, this is because ​people who are powerful in the ​inefficientsystem are reluctant to ​change.
(Definition of Pareto optimal from the Cambridge Business English Dictionary © Cambridge University Press)
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