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Terms that are on use on this site.
There are 132 entries in this glossary.
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| Term |
Definition |
| Liberalization |
In the area of international trade, the relaxation of government restrictions, including tarrifs and quotas. For example, "Due to liberalization of capital flows , capital and investment between nations is considerably more mobile." LIberalization is not synonomous with privatization.
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| Liberty |
Freedom from arbitrary or despotic government or control; freedom from external or foreign rule; independence; the right and power to act, believe, or express oneself in a manner of one's own choosing. "Give me liberty or give me death." - Patrick Henry 1775
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