free enterprise


Definition of free enterprise

: freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance

Examples of free enterprise in a Sentence

Recent Examples on the Web

The funds have gone to research centers promoting free enterprise as well as to academic projects on free speech, criminal-justice reform and other areas. Melissa Korn, WSJ, "Charles Koch Foundation to Publish Future University Grant Agreements," 24 July 2018 For better or worse, free enterprise and material aspiration have joined with older ideas of the American dream. Fergus M. Bordewich, WSJ, "‘Behold, America’ Review: Fighting Words," 13 Dec. 2018 Many Charles Koch Foundation grant recipients study issues relating to free enterprise and government regulations, as well as foreign policy and free speech. Melissa Korn, WSJ, "Charles Koch Foundation to Publish Future University Grant Agreements," 24 July 2018 Feulner packaged his fledgling think tank’s ideology into five basic principles: free enterprise, limited government, individual freedom, traditional values and a strong national defense. Jonathan Mahler, New York Times, "How One Conservative Think Tank Is Stocking Trump’s Government," 20 June 2018 If Adidas sponsored that team as a means of keeping Langford in its sneakers, and helped steer him to Indiana University to help build its brand at an affiliated school, that’s free enterprise. Tim Sullivan, The Courier-Journal, "Adidas' relationship with AAU looks sketchy, but it's just free market," 17 May 2018 Blanton did not say whether UK is considering changing the name of the free enterprise institute or the atrium. Tim Sullivan, The Courier-Journal, "Cardinal Stadium is Papa John's to name, but pressure mounts to change it," 12 July 2018 There are those struggling to eke out a bare existence in a barren land who have never heard of free enterprise, but who cherish the idea of independence. Michael S. Rosenwald, Washington Post, "‘Awe-inspiring’: Listen to Sen. John F. Kennedy read the Declaration of Independence," 4 July 2018 His ultimate theme is that free enterprise is the key to giving everyone a leg up. Fox News, "'I Love Capitalism!: An American Story' by Ken Langone," 18 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'free enterprise.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of free enterprise

1890, in the meaning defined above

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Statistics for free enterprise

Last Updated

30 Jan 2019

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Time Traveler for free enterprise

The first known use of free enterprise was in 1890

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More Definitions for free enterprise

free enterprise


English Language Learners Definition of free enterprise

: a system in which private businesses are able to compete with each other with little control by the government

More from Merriam-Webster on free enterprise

Rhyming Dictionary: Words that rhyme with free enterprise

Spanish Central: Translation of free enterprise

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