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laissez-faire

One entry found.

Main Entry: lais·sez–faire
Pronunciation: \ˌle-ˌsā-ˈfer, ˌlā-, -ˌzā-\
Function: noun
Etymology: French laissez faire, imperative of laisser faire to let (people) do (as they choose)
Date: 1825

1 : a doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights
2 : a philosophy or practice characterized by a usually deliberate abstention from direction or interference especially with individual freedom of choice and action

laissez–faire adjective


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