/ ˌleseɪ ˈfeə(r); NAmE ˈfer/ noun
[ U ] (from French ) the policy of allowing private businesses to develop without government control
► laissez-faire adjective :
a laissez-faire economy
They have a laissez-faire approach to bringing up their children (= they give them a lot of freedom) .
••
WORD ORIGIN
French , literally allow to do .