laissez-faire
noun
lais·sez-faire
ˌle-ˌsā-ˈfer
ˌlā-,
-ˌzā-
1
: a doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights
argued that the problem with oil prices was too much laissez-faire
2
: a philosophy or practice characterized by a usually deliberate abstention from direction or interference especially with individual freedom of choice and action
the university has a policy of laissez-faire regarding nonacademic student activities
laissez-faire
adjective
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Merriam-Webster unabridged
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