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minimize  (minimizes 3rd person present) (minimizing present participle) (minimized past tense & past participle )
in BRIT, also use  minimise  
1  verb If you minimize a risk, problem, or unpleasant situation, you reduce it to the lowest possible level, or prevent it increasing beyond that level., (Antonym: maximize)  Many of these problems can be minimised by sensible planning.  V n 
2  verb If you minimize something, you make it seem smaller or less significant than it really is.  (=play down)  (Antonym: maximize)  Some have minimized the importance of ideological factors...  V n 
3  verb If you minimize a window on a computer screen, you make it very small, because you do not want to use it., (Antonym: maximize)  Click the square icon again to minimize the window.  V n