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2 definitions found

From: Webster's Revised Unabridged Dictionary (1913)

 Lais·sez faire n.  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 of government.
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From: WordNet (r) 2.0

 laissez faire
      n : the doctrine that government should not interfere in
          commercial affairs [syn: individualism]