Quantcast
Merriam-Webster Logo
  • Dictionary
  • Thesaurus
  • Scrabble
  • Spanish Central
  • Learner's Dictionary

free market

noun

Simple Definition of free market

  • : an economic market or system in which prices are based on competition among private businesses and not controlled by a government

Source: Merriam-Webster's Learner's Dictionary

Full Definition of free market

  1. :  an economy operating by free competition

1897

First Known Use of free market

1897


Seen and Heard

What made you want to look up free market? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

mysterious, holy, or spiritual

Get Word of the Day daily email!