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DEFINITION of 'Laissez Faire'. An economic theory from the 18th century that is strongly opposed to any government intervention in business affairs. Sometimes referred to as let it be economics .. Next Up.
In French, faire means: (also: to take [a walk]) to do, to make. Listen to faire: (If you have an HTML5 enabled browser, you can listen to the native audio below) This is a word that is used in the GamesForLanguage French Language Game in the following scenes: French 1, Level 4, Scene 2. French 1, Level 4, Scene 3. French 1, Level 4, Scene 4.