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What does optimality mean?

Looking for the meaning or definition of the word optimality? Here's what it means.

Noun
  1. The property of being optimal.
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Examples
The concepts of avoidability and optimality can lead to quite different outcomes.
However, this optimality property does not hold for heteroscedastic models.
But countries often face difficulties satisfying these optimality conditions.
On the contrary, it would violate individual property rights on grounds of presumed optimality.
Even if two biological parents statistically provide the optimal parenting situation, optimality is too high a standard for permitting parenting.
If the incremental benefit is greater than the incremental cost, achieving optimality would require a further reduction in consumption.

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