minimization UK /ˈmɪn.ɪ.maɪˈzeɪʃən/US /ˈmɪn.ɪ.mɪˈzeɪʃən/ noun3 •The act of lowering something to its smallest value or extent.companies should engage in risk minimization •The process of finding the minimum value of a function. •The tendency to present events as trivial or unimportant; trivializationthe minimization of racial experiences by peers formsminimizations