Dictionary

free market

noun

: an economic market or system in which prices are based on competition among private businesses and not controlled by a government

Full Definition of FREE MARKET

:  an economy operating by free competition
ADVERTISEMENT

First Known Use of FREE MARKET

1897

Browse

Next Word in the Dictionary: free marketeerPrevious Word in the Dictionary: FreemanAll Words Near: free market
ADVERTISEMENT
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears