'free enterprise' definitions:

Definition of 'free enterprise'

From: WordNet
noun
An economy that relies chiefly on market forces to allocate goods and resources and to determine prices [syn: market economy, free enterprise, private enterprise, laissez-faire economy] [ant: non-market economy]

Definition of 'free enterprise'

From: GCIDE
  • free enterprise \free enterprise\ n.
  • 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. [WordNet sense 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. [PJC]

Synonyms of 'free enterprise'

From: Moby Thesaurus

Words containing 'free enterprise'