free market Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “free market” in the English Dictionary

"free market" in British English

See all translations

free marketnoun [S]

uk   us  
an ​economicsystem with only a ​smallamount of ​governmentcontrol, in which ​prices and ​earnings are ​decided by the ​level of ​demand for, and ​production of ​goods and ​services: In a ​freemarket, if ​demand for a ​productincreases, then so does ​itsprice. the free-market economy
(Definition of free market from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"free market" in American English

See all translations

free marketnoun [C]

 us   /ˈfri ˈmɑr·kɪt/
social studies an ​economicsystem with only a ​smallamount of ​governmentcontrol, in which ​prices and ​earnings are ​decided by the ​level of ​demand for, and ​production of, ​goods and ​services: a free-market ​economy
(Definition of free market from the Cambridge Academic Content Dictionary © Cambridge University Press)

"free market" in Business English

See all translations

free marketnoun [C]

uk   us   ECONOMICS
an ​economicsystembased on supply and ​demand, in which ​companiesmanage their own ​business, ​prices, ​profits, etc. without being ​controlled by ​government: In a ​freemarket, ​businesses are ​challenged to ​provide better ​service, more ​quality and at ​lowerprices. a freemarketeconomy
(Definition of free market from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “free market”
in Chinese (Simplified) 利伯维尔场…
in Turkish serbest pazar…
in Russian свободный рынок…
in Chinese (Traditional) 自由市場…
in Polish wolny rynek…
What is the pronunciation of free market?
Add Cambridge dictionaries to your browser to your website
Word of the Day

forage

to go from place to place searching, especially for food

Word of the Day

Meerkat meme
Meerkat meme
by Colin McIntosh,
September 03, 2015
Meerkats are not new to popular culture (they appear in the folk tales of the San people of the Kalahari), but their arrival in the public’s consciousness, at least in the UK and the US, is a relatively recent phenomenon. Meerkats are small, sociable Southern African mammals that live in large family

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More