free enterprisen. 1. an economic system having predominantly private ownership of the means of production, and relying chiefly on market forces to allocate goods and resources and to determine prices, and having a minimum of governmental interference in economic decisions; also, the political doctrine advocating such a system as the economic system of a country. [wns=1]
Syn. -- market economy, laissez-faire economy.
[WordNet 1.5 +PJC]
2. The conduct of business according to the principles of the free enterprise doctrine; the conduct of economic activity without governmental interference.
New - Add Dictionary Search to Your Site
You can add a free dictionary search box to your own web site by copying and pasting the following HTML into one of your web pages:
<form action="http://www.freedict.co.uk/search.php" method="post"> <p style="text-align: center; font-family: sans-serif;"> <a style="font-weight: bold;" href="http://www.freedict.co.uk/" title="FreeDict free online dictionary">FreeDict</a> <input type="text" name="word" size="20" value="" /> <input type="submit" name="submit" value="Search Dictionary" /> </p> </form>
Fri 26th February 2021