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We found 3 dictionaries that define the word first best:

General (2 matching dictionaries)
  1. first-best: Wordnik
  2. first best: Wiktionary

Business (1 matching dictionary)
  1. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (first best)

adjective:  (economics) Characterized by all optimality conditions being satisfiable.
noun:  (economics) A situation where all optimality conditions are satisfied.


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