'free-enterprise' definitions:

Definition of 'free-enterprise'

adjective

Subscribing to capitalistic competition [syn: competitive, free-enterprise(a), private- enterprise(a)]

From: GCIDE

free-enterprise \free-enterprise\ adj. Of or pertaining to the free enterprise system having private ownership of the means of production and competition between enterprises. [prenominal] [Narrower terms: capitalistic, capitalist] socialistic
Syn: competitive, private-enterprise(prenominal). [WordNet 1.5]