academic definition of neoliberalism

Neoliberalism (also sometimes spelled as ‘neo-liberalism’) as term in popular discussion has gained traction over the last few years. Using Google Trends (a tool by Google that lets us know the relative popularity of a search term over time), we get the following results:

Search volume peaked in November 2019, the most it has ever been historically, though Google Trends does not tell us the number of searches performed — only the relative popularity within a particular period.

As is common with popular terms, its definition is highly problematic.