Definition of decontrol in English:

decontrol

Line breaks: de|con¦trol
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] Back to top  
  • 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.

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