free enterprise

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free enterprise

Also, private enterprise. An undertaking on one's own behalf, especially a shady or illegal one. For example, The city treasurer didn't bother with competitive bids; the spirit of free enterprise just led him to his brother-in-law , or The sergeant indulged in a little private enterprise, selling cigarettes on the black market . This sarcastic application of a term that has meant, since about 1885, the freedom of private businesses to operate competitively for profit with a minimum of government control, dates from the mid-1900s.
See also: free
References in periodicals archive ?
Omitted is any acknowledgement that, if permitted, private enterprise might achieve comparable advances in space exploration with greater efficiency and at no cost to the taxpaying public.
What is OK and to be expected is to have a little private enterprise here, a little public enterprise there.
Constitutional amendments adopted earlier this month by China's parliament describe private enterprise as "an important component" instead of just a "complement" to the socialist economy.
Petersburg association was the fact that it included, besides PR people from the state structures, a few members working for private enterprises.
BCFC offers three exceptions: Nonprofits may carry on activities specifically authorized by statute; may continue activities not regularly carried on; and may offer goods or services if no private source is capable of doing so and the Private Enterprise Review Commission determines that the activity is in the public interest.
Add to these problems the unsolved mysteries of patent rights in space, the handling of proprietary information, the allocation of limited payload areas -- and private enterprise clutches its pocketbook.
The session will detail how mainframe migration services and software from HP and Clerity help organizations add legacy applications and data to the private enterprise cloud, maximizing benefits of this innovative computing model.
President and CEO of IESC, said, "Over the last 50 years, we have remained true to our mission of 'Promoting Prosperity & Stability through Private Enterprise,' sending consultants and volunteer experts who collaborate with our local teams in developing countries to provide private enterprises, financial institutions, and governments with American expertise.
He said Nicaragua has opened its doors to investors and assured them of proper working conditions, adding "they treat private enterprises with kid gloves, they are giving concessions and benefits and issues, and here we are closing them down, really, then this style of government that we have is suicide, that is to say, it is a government that does not understand how private enterprise works".
The taxpayer is expected to bail out those failed examples of private enterprise, the banks, yet private enterprise is expected to bail out Royal Mail and its pension fund.
TransOrbital may be the first private enterprise to get through the hoop, but it isn't the only one in the running: The Virginia-based LunaCorp, for example, hopes to put a craft into lunar orbit next year as well.
By contrast, an earlier generation of Republicans and Democrats recognized that private enterprise could not be trusted to dispense all that the public needs.
He should back off the plan and let private enterprise continue operating the two courses.
From January 1993 to 1994, he served as Vice President of The Edison Project, a private enterprise which manages public schools.
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