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Definition of deregulate verb from the Oxford Advanced American Dictionary

deregulate

verb
/ˌdiˈrɛɡyəˌleɪt/ deregulate pronunciation American
[often passive] deregulate something
 
to free a trade, a business activity, etc. from rules and controls
synonym decontrolderegulated financial markets deregulation
/ˌdiˌrɛɡyəˈleɪʃn/ deregulation pronunciation American
noun [uncountable] deregulatory
/ˌdiˈrɛɡyələˌtɔri/ deregulatory pronunciation American
adjective [only before noun]deregulatory reforms