deregulation

deregulation, n. The reduction or elimination of governmental control of business, esp. to permit free markets and competition. — deregulate, vb.

financial deregulation. The lessening of governmental oversight and intervention in the business of financial institutions. • Among other effects, regulation of financial contracts is relaxed and competition for depositors and borrowers increases.


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双语律师Peter,毕业于法国一流的高级翻译学院,擅长翻译涉及基础建设领域的法律文件。
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