decontrol
verb
No English definition recorded for this entry.
L331362 on Wikidata ↗Wiktionary
Pronunciation: /diːkənˈtɹəʊɫ/
noun
Etymology: Etymology tree Proto-Indo-European *de Proto-Indo-European *-h₁ Proto-Indo-European *déh₁ Proto-Italic *dē Latin dē Latin dē-der. English de- English control English decontrol From de- + control.
- The removal of controls.
“The shortfall caused by the disruption in Iran amounted to only 5 percent of our normal imports. Despite this limited cutback, the oil industry seized upon the Iranian situation as its “Gulf of Tonkin” to justify its campaign, which your editorial now supports, for decontrols, higher prices and higher profits. Clearly, the gasoline shortage in 1979 was not an act of God.”
“The Administration's accelerated decontrol program also comes at great expense to consumers. It provides an immediate 1 percent increase in inflation, and by the end of fiscal 1981 it will have added $11.7 billion to the price of oil products.”
verb
Etymology: Etymology tree Proto-Indo-European *de Proto-Indo-European *-h₁ Proto-Indo-European *déh₁ Proto-Italic *dē Latin dē Latin dē-der. English de- English control English decontrol From de- + control.
- To remove controls.
“When President Reagan decontrolled crude oil, gasoline, and home-heating oil, he did so without formal counsel from Congress and the public.”
“Even the normal income tax on decontrolled higher-priced, gas could run into the tens of billions of dollars.”