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What does liberalism mean?

Looking for the meaning or definition of the word liberalism? Here's what it means.

Noun
  1. The quality of being liberal.
  2. (politics) Any political movement founded on the autonomy and personal freedom of the individual, progress and reform, and government by law with the consent of the governed.
  3. (economics) An economic ideology in favour of laissez faire and the free market (related to economic liberalism).
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Instead, it conformed to a conservative set of values not associated with modern liberalism.
Still, for nearly a decade, an anti-authoritarian style was regnant within American liberalism.
Fascism explicitly repudiated the bourgeois individualism that it associated with liberalism.
Opposed is the apparent liberalism, individualism and anarchy on offer in a postmodern world.
It kinda seems an oxymoron but thinking about it, isn't anarchy just extreme liberalism?
Today's liberalism holds that remedial measures are necessary to compensate for past injustices.

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