free enterprise

noun

: freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance

Examples of free enterprise in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Aren’t Republicans in favor of free enterprise? Orlando Sentinel Editorial Board, Sun Sentinel, 30 Mar. 2026 Smith has never been the indefatigable champion of free enterprise imagined by his acolytes. Literary Hub, 9 Mar. 2026 The other is simply bypassing the arguments over labels and centering public conversations on the ideas most Americans already embrace, namely entrepreneurship, innovation, free enterprise and individual agency. Justin Callais, Twin Cities, 5 Mar. 2026 The other is simply bypassing the arguments over labels and centering public conversations on the ideas most Americans already embrace, namely entrepreneurship, innovation, free enterprise and individual agency. Justin Callais, Chicago Tribune, 2 Mar. 2026 See All Example Sentences for free enterprise

Word History

First Known Use

1890, in the meaning defined above

Time Traveler
The first known use of free enterprise was in 1890

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Cite this Entry

“Free enterprise.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/free%20enterprise. Accessed 2 Apr. 2026.

Kids Definition

free enterprise

noun
: freedom of private business to operate with little regulation by the government
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