lais·sez–faire
noun \ˌle-ˌsā-ˈfer, ˌlā-, -ˌzā-\Definition of LAISSEZ-FAIRE
1
: a doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights
2
: a philosophy or practice characterized by a usually deliberate abstention from direction or interference especially with individual freedom of choice and action
— laissez–faire adjective