LAISSEZ-FAIRE


Meaning of LAISSEZ-FAIRE in English

[ ˌlɛseɪ'fɛ: ]

■ noun a policy of non-interference, especially abstention by governments from interfering in the workings of the free market.

Derivatives

laisser-faireism noun

Origin

Fr., lit. 'allow to do'.

Concise Oxford English vocab.      Сжатый оксфордский словарь английского языка.