free ˈenterprise noun [uncountable] the principle and practice of allowing private business to operate without much government control ⇒
private enterprise [TahlilGaran] Dictionary of Contemporary English ▲
free enterprise n. phr. A system in which private business is controlled by as few government rules as possible.
The United States is proud of its free enterprise. [TahlilGaran] English Idioms Dictionary ▲