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View synonyms for

free enterprise

[ free en-ter-prahyz ]

noun

  1. an economic and political doctrine holding that a capitalist economy can regulate itself in a freely competitive market through the relationship of supply and demand with a minimum of governmental intervention and regulation.
  2. the practice of free enterprise in an economy, or the right to practice it.


free enterprise

noun

  1. an economic system in which commercial organizations compete for profit with little state control
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

free enterprise

  1. The freedom of private businesses to operate competitively for profit with minimal governmental regulation .
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Other Word Forms

  • ڰ-·ٱ··Բ adjective
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Word History and Origins

Origin of free enterprise1

First recorded in 1885–90
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Idioms and Phrases

Also, private enterprise . An undertaking on one's own behalf, especially a shady or illegal one. For example, The city treasurer didn't bother with competitive bids; the spirit of free enterprise just led him to his brother-in-law , or The sergeant indulged in a little private enterprise, selling cigarettes on the black market . This sarcastic application of a term that has meant, since about 1885, the freedom of private businesses to operate competitively for profit with a minimum of government control, dates from the mid-1900s.
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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.

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