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What does liberalize mean?

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

Verb
  1. (transitive) to make liberal, free.
  2. (intransitive) to become liberal, free.
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Examples
Emmi is fundamentally in favour of the Federal Council's new agricultural policy, which aims to strengthen competition and liberalize markets.
They express before anything else the MPC's will to open up and to use the external shock thus provoked to liberalize their economic system.
Measures to reduce border costs, harmonize technical standards, and liberalize public procurement expose firms to the rigours of competition.
Johnston predicts that Japan will be compelled to liberalize its strict immigration policies.
The WTO's essential purpose is to liberalize markets, by removing unnecessary, discriminatory and protectionist barriers to free trade.
Ominously, the party had also announced its intention to liberalize the sector.

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