physiocrat Hear it!

physiocrat definition

physio·crat (fiz′ē ə krat′)

noun

a believer in the 18th-cent. French economic theory that land and its products are the only true sources of wealth and hence the only logical basis of revenue, and that freedom of opportunity and trade and security of person and property are essential to prosperity

Etymology: Fr physiocrate: see physio- & -crat

Related Forms:

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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