laissez faire(redirected from laisser faire)
Also found in: Thesaurus, Legal, Financial, Encyclopedia.
Related to laisser faire: Laissez-faire capitalism
lais·sez fairealso lais·ser faire (lĕs′ā fâr′, lā′zā)
1. An economic doctrine that opposes governmental regulation of or interference in commerce beyond the minimum necessary for a free-enterprise system to operate according to its own economic laws.
2. Noninterference in the affairs of others.
[French : laissez, second person pl. imperative of laisser, to let, allow + faire, to do.]
laissez faire(ˌlɛseɪ ˈfɛə; French lese fɛr) or
1. (Government, Politics & Diplomacy)
a. Also called: individualism the doctrine of unrestricted freedom in commerce, esp for private interests
b. (as modifier): a laissez-faire economy.
2. indifference or noninterference, esp in the affairs of others
[French, literally: let (them) act]
ˌlaissez-ˈfaireism, ˌlaisser-ˈfaireism n
lais•sez faire(ˌlɛs eɪ ˈfɛər)
1. 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.
2. the practice or doctrine of noninterference in the affairs of others, esp. with reference to individual conduct or freedom of action.
[< French: literally, allow to act]
A French phrase meaning allow to do, used to mean noninteference in something, especially by a government in the commerce of a country.