the U.S. ideal according to which equality of opportunity permits any American to aspire to high attainment and material success
American Dream in American English
noun
1.
the ideals of freedom, equality, and opportunity traditionally held to be available to every American
2.
a life of personal happiness and material comfort as traditionally sought by individuals in the U.S
Word origin
[1930–35]This word is first recorded in the period 1930–35. Other words that entered Englishat around the same time include: acoustic phonetics, kickback, logical positivism, old school tie, technical foul