1. a political orientation that favors social progress by reform and by changing laws rather than by revolution (Freq. 6) • Derivationally related forms: liberalistic • Hypernyms: political orientation, ideology, political theory • Hyponyms: neoliberalism 2. an economic theory advocating free competition and a self-regulating market (Freq. 1) • Derivationally related forms: liberalistic • Hypernyms: economic theory
