GDict

decontrol

.di:kәn'trәul4 senses · 96 ms
Level C2
local copy0 msLicense: CC BY-SA 4.0Wiktionary contributors
verb/diːkənˈtɹəʊɫ/
  1. 1

    To remove controls.transitive

    • 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.
noun/diːkənˈtɹəʊɫ/
  1. 1

    The removal of controls.countableuncountable

    • 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 ed
    • 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 produc

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