Tell a friend about us, add a link to this page, or visit the webmaster's page for free fun content. Link to this page: <a href=http://financial-dictionary.thefreedictionary.com/Arpu>Average Revenue Per Unit</a>.
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.
1A course or principle of action adopted or proposed by an organization or individual. âthe government's controversial economic policiesâ. mass noun âit is not company policy to dispense with our older workersâ. âIn this way, the material basis of the policy of social equilibrium is eaten away.â. âOne controversial form of this has been the policy of affirmative redistricting.â. âIt has been the policy of successive Governments not to provide funds for memorials.â.