laissez faire

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Definitions (4)

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  1. noun 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. noun Noninterference in the affairs of others.

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Etymologies (1)

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  1. French : laissez, second person pl. imperative of laisser, to let, allow + faire, to do.
 

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