laissez-faire


Definition: Meaning of, laissez-faire in English to English dictionary.

Pronunciation: / ˌlɛseɪˈfɛː;lɛsefɛʀ /

  • noun
  • synonym
  • antonym
Word Forms:
Singular Plural
N/A N/A
laisser-faire [uncountable]
  1. the principle that the government should allow the ECONOMY or private businesses to develop without any state control or influence
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  2. laissez-faire attitude/approach etc when you do not become involved in other people's personal affairs
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synonym
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laissez-faire used in phrases

  • laissez-faire economy (noun)
    1. an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
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