Definition of decontrol in English:
verb (decontrols, decontrolling, decontrolled)[with object]
Release (a commodity, market, etc.) from controls or restrictions: whether gas prices should be totally decontrolled
More example sentences
- In 1984 the new government decontrolled the foreign exchange markets.
- Innovative policies will come out only when prices are fully decontrolled.
- In 1978 Carter secured legislation that fostered conservation and decontrolled the price of some domestic natural gas.
nounBack to top
The action of decontrolling something.
- Party representatives argued that price decontrol and currency reform would not work.
- So long as budgets remained in deficit and governments printed money to bridge the revenue gap, decontrol implied inflation.
- He says vacancies are up because rent decontrol allowed landlords to raise rents once tenants left, until they virtually priced themselves out of the market.
Definition of decontrol in:
- British & World English dictionary
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