neoliberal Syllabification: (ne·o·lib·er·al)Pronunciation: /ˌnēōˈlibərəl/Definition of neoliberal adjective relating to a modified form of liberalism tending to favor free-market capitalism. noun a person holding neoliberal views. Derivatives neoliberalismPronunciation: /-ˌlizəm/ noun neoliberal in other Oxford dictionaries Definition of neoliberal in the British & World English dictionary