free market


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free market

n.
An economic market in which supply and demand are not regulated or are regulated with only minor restrictions.

free market

n
(Economics)
a. an economic system that allows supply and demand to regulate prices, wages, etc, rather than government policy
b. (as modifier): a free-market economy.

free′ mar′ket


n.
an economic market regulated by the forces of supply and demand.
[1905–10]

free market

Trade which flows freely between countries without barriers such as tariffs and quotas.
References in periodicals archive ?
In the free market rental there is a 5 percent to 6 percent factor of negotiation, she said, because the base is unimportant.
Almost none of the policies he describes as "free market" actually represent free markets.
But, and here's the big problem, most in our industry weren't truly arguing for or demanding a free market.
For additional emphasis, the authors throw in a generic argument for free markets, originating from Aristotelian thought and also based also on the idea that young children from a very early age recognize property rights.
However, some nations are closer than others to a true free market.
First, Krugman suggests that tort law would not exist in a free market, when in fact tort law is one of many rights-protecting mechanisms that comprise the legal system of a free market.
Small firms will be the first to join the free market in June 2016, and the consumers spending 500 MW of electricity a year will follow in June 2017.
The company has not revealed the financial details of the transaction, but stated that it will allow offering a broad range of insurance services to Free Market clients.
3 July 2014 - US insurance brokerage Hub International Limited (Hub) said it had acquired domestic peer Free Market Insurance Agency LLC via its Hub International New Mexico division (Hub New Mexico) for an undisclosed amount.
National Iranian Oil Refining and Distribution Company (NIORDC) announced on April 24 that as of midnight (April 25) semi-subsidized gasoline will be presented at 7,000 rials, while the free market price will stand at 10,000 rials, Iran's Mehr News Agency reported.
The organization, which annually publishes an evaluation report on the free markets,from the perspective of suppliers, depicted BIA duty free market's as "one of the best" in terms of sales, market share and the relationship with suppliers.
The great persuasion; reinventing free markets since the Depression.