Definition of free market noun from the Oxford Advanced Learner's Dictionary


free market

BrE BrE//ˌfriː ˈmɑːkɪt//
; NAmE NAmE//ˌfriː ˈmɑːrkɪt//
jump to other results
an economic system in which the price of goods and services is affected by supply and demand rather than controlled by a government She was a supporter of the free market economy. to compete in a free market See related entries: Economy
See the Oxford Advanced American Dictionary entry: free market