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2 definitions found
From:
Webster's Revised Unabridged Dictionary (1913)
Lais·sez faire
n.
Noninterference
; --
an
axiom
of
some
political
economists
,
deprecating
interference
of
government
by
attempts
to
foster
or
regulate
commerce
,
manufactures
,
etc
.,
by
bounty
or
by
restriction
;
as
,
the
doctrine
of
laissez faire
;
the laissez faire
system
of
government
.
◄
►
From:
WordNet (r) 2.0
laissez
faire
n
:
the
doctrine
that
government
should
not
interfere
in
commercial
affairs
[
syn
:
individualism
]
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