Definitions from Wiktionary (second best)

▸ adjective:  Inferior to the best (but better than other alternatives).
▸ adjective:  (economics) Characterized by one or more optimality conditions not being satisfiable.
▸ noun:  Something (or someone) that is inferior to the best (but better than other alternatives).
▸ noun:  (economics) A situation where one or more optimality conditions cannot be satisfied.
▸ Also see second_best


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