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laissez faire
lais·sez faire also lais·ser faire L0020600 (lĕs′ā fâr′, lā′zā)n.1. An economic doctrine that opposes governmental regulation of or interference in commerce beyond the minimum necessary for a free-enterprise system to operate according to its own economic laws.2. Noninterference in the affairs of others. [French : laissez, second person pl. imperative of laisser, to let, allow + faire, to do.] lais′sez-faire′ adj.laissez faire (ˌlɛseɪ ˈfɛə; French lese fɛr) or laisser fairen1. (Government, Politics & Diplomacy) a. Also called: individualism the doctrine of unrestricted freedom in commerce, esp for private interestsb. (as modifier): a laissez-faire economy. 2. indifference or noninterference, esp in the affairs of others[French, literally: let (them) act] ˌlaissez-ˈfaireism, ˌlaisser-ˈfaireism nlais•sez faire (ˌlɛs eɪ ˈfɛər) n. 1. the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs. 2. the practice or doctrine of noninterference in the affairs of others, esp. with reference to individual conduct or freedom of action. [< French: literally, allow to act] lais`sez-faire′, adj. laissez faireA French phrase meaning allow to do, used to mean noninteference in something, especially by a government in the commerce of a country.ThesaurusNoun | 1. | laissez faire - the doctrine that government should not interfere in commercial affairsindividualismdoctrine, ism, philosophical system, philosophy, school of thought - a belief (or system of beliefs) accepted as authoritative by some group or school | Translationslaissez faire
laissez faire, laisser fairea. the doctrine of unrestricted freedom in commerce, esp for private interests b. (as modifier): a laissez-faire economy laissez faire the doctrine that economic affairs, especially the interests of capital, are best left unrestricted by government action. The term derives originally from the ideas of the French physiocrats, but was developed by Adam SMITH and by the CLASSICAL ECONOMISTS.FinancialSeelaissez-fairelaissez faire Related to laissez faire: Laissez Faire LeadershipSynonyms for laissez fairenoun the doctrine that government should not interfere in commercial affairsSynonymsRelated Words- doctrine
- ism
- philosophical system
- philosophy
- school of thought
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