Liberalism became a distinct movement in the Age of Enlightenment, gaining popularity among Western philosophers and economists. Liberalism sought to replace the norms of hereditary privilege, state religion, absolute monarchy, the divine right of kings and traditional conservatism with representative democracy, rule of law, and equality under the law. Liberals also ended mercantilist policies, royal monopolies, and other trade barriers, instead promoting free trade and marketization.
That’s an interesting definition of liberalism. Never heard it before.
It’s not a common usage in US English outside of academia.
Yeah I did some searching around and none of the definitions I found are consistent with yours.
https://en.wikipedia.org/wiki/Liberalism