Definition of “laissez-faire” - English Dictionary

“laissez-faire” in English

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laissez-fairenoun [ U ]

uk /ˌleɪ.seɪˈfeər/ us /ˌleɪ.seɪˈfer/

(Definition of “laissez-faire” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“laissez-faire” in American English

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laissez-fairenoun [ U ]

also laisser faire us /ˌles·eɪˈfeər, ˌleɪ·seɪ-/

politics & government an economic theory or plan in which a government does not have many laws or rules to control the buying and selling of goods and services

(Definition of “laissez-faire” from the Cambridge Academic Content Dictionary © Cambridge University Press)

“laissez-faire” in Business English

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laissez-fairenoun [ U ]

also laisser-faire uk us

ECONOMICS, GOVERNMENT the idea that businesses should be free to develop without the involvement or control of government:

Those who subscribe to absolute laissez-faire economics, or no government regulation, are sometimes referred to as economic anarchists.

the idea that people should be free to choose how to do things, without too much control from someone in authority:

If you choose a laissez-faire management style, you give your staff room to make their own decisions.

(Definition of “laissez-faire” from the Cambridge Business English Dictionary © Cambridge University Press)

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