Pronunciation: (dē-reg'yu-lāt"), [key]
—v., -lat•ed, -lat•ing.
to remove government regulatory controls from (an industry, a commodity, etc.): to deregulate the trucking industry; to deregulate oil prices.
to undergo deregulation: Some banks have already started to deregulate.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.