Definition of decontrol in English:

Share this entry

decontrol

Pronunciation: /ˌdiːk(ə)nˈtrəʊl/

verb (decontrols, decontrolling, decontrolled)

[with object]
Release (a commodity, market, etc.) from controls or restrictions: there has been fierce debate over 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.

noun

[mass noun]
The action of decontrolling something: the assumption that enterprise might flourish in the wake of decontrol
More example sentences
  • 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.

For editors and proofreaders

Line breaks: de|con¦trol

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.