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laissez faire

Noun CEFR B2
ˈlæseɪ ˌfɛə(ɹ)

Definitions

  1. A policy of governmental non-interference in economic affairs.
    uncountable
  2. A policy of non-interference by authority in any competitive process.
    uncountable

Equivalents

7 more languages

Examples

“In brief, all this Mammon-Gospel of Supply-and-demand, Competition, Laissez-faire, and Devil take⟳ the hindmost, begins to be one of the shabbiest Gospels ever preached on Earth; or altogether the shabbiest.”
“While laissez-faire economy was the product of deliberate State action, subsequent restrictions on laissez-faire started in a spontaneous way. Laissez-faire was planned; planning was not.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

laissez-faire laissez-faireism laissez-fairism laissez-passer Laist Laisterdyke

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