Definition of free enterprise in English:

Share this entry

free enterprise

Pronunciation: /ˌfrē ˈen(t)ərˌprīz/


An economic system in which private business operates in competition and largely free of state control.
Example sentences
  • Some form of free enterprise capitalist economy and some form of pluralist democracy were clearly called for.
  • Did they want socialism and nationalisation or did they prefer capitalism and free enterprise?
  • It is crucial to understand that the corruption of our banking system has nothing to do with capitalism or free enterprise at all.

For editors and proofreaders

Syllabification: free en·ter·prise

Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.