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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词条贡献者

法律翻译徐玲，知名法学院保险法专业，专注翻译各类与保险追偿有关的法律文件。