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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
However, this optimality property does not hold for heteroscedastic models.
But countries often face difficulties satisfying these optimality conditions.
Governance strategies and frameworks are needed to ensure both legitimacy and optimality in instrument design and implementation.
Habitat optimality, however, does not appear to be linearly correlated with the abundance of small woody stems.
On the contrary, it would violate individual property rights on grounds of presumed optimality.
The concepts of avoidability and optimality can lead to quite different outcomes.

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