Definitions for laissez faireˌlɛs eɪ ˈfɛər

lais•sez faireˌlɛs eɪ ˈfɛər(n.)

the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs.
Category: Foreign Term, Government
the practice or doctrine of noninterference in the affairs of others, esp. with reference to individual conduct or freedom of action.
Category: Foreign Term, Government

< F: lit., allow to act

lais`sez-faire′(adj.)

individualism, laissez faire(adj)
the doctrine that government should not interfere in commercial affairs
individualistic, laissez-faire(a)(adj)
with minimally restricted freedom in commerce

laissez faire(Noun)
A policy of governmental non-interference in economic affairs.
laissez faire(Noun)
A policy of non-interference by authority in any competitive process.
laissez faire(Adjective)
Practicing or representing governmental noninterference, or minimal interference, especially in economic affairs; pertaining to free-market capitalism.
laissez faire(Adjective)
Advocating such noninterference.
laissez faire(Adjective)
Resulting from such noninterference.
laissez faire(Adjective)
Avoiding interference in other people's affairs; choosing to live and let live.

Origin: From laisser faire

Laissez faire(u)
noninterference; -- an axiom of some political economists, deprecating interference of government by attempts to foster or regulate commerce, manufactures, etc., by bounty or by restriction; as, the doctrine of laissez faire; the laissez faire system government

Citation

"laissez faire." Definitions.net. STANDS4 LLC, 2013. Web. 21 May 2013. <http://www.definitions.net/definition/laissez faire>.