The term "laissez-faire" is of French origin and it literally means "let do" or "let it be." In English, it is used to describe an economic and political philosophy that advocates for minimal government intervention in economic and individual affairs, allowing for a free market to operate with little regulation or interference. Therefore, option (3) "Free from interference" is the correct meaning of the term in the context of the question. It reflects the idea of limited government involvement in economic matters.