Black market

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BabylonEnglish English dictionaryDownload this dictionary
black market
system for selling goods illegally


Wikipedia English The Free EncyclopediaDownload this dictionary
Underground economy
The underground economy, shadow economy, black economy, or black market consists of all commerce on which applicable taxes are being evaded. The market includes not only legally-prohibited commerce (for example, drugsprostitution, and gambling activities that are illegal in some locales), but also trade in legal goods and services because some income is not reported and consequently taxation is evaded, e.g., through money laundering, payment in caeconomy, or black market consists of all commerce on which applicable taxes are being evaded.
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WordNet 2.0 DictionaryDownload this dictionary
black market
Noun
1. people who engage in illicit trade
(hypernym) market
(member-meronym) black marketeer
(derivation) run
2. an illegal market in which goods or currencies are bought and sold in violation of rationing or controls
(hypernym) market, marketplace
(derivation) run
Verb
1. deal in illegally, such as arms or liquor
(synonym) run
(hypernym) trade, merchandise
(verb-group) ply, run
(classification) crime, law-breaking

 
black-market
Adjective
1. distributed or sold illicitly; "the black economy pays no taxes"
(synonym) bootleg, black, contraband, smuggled
(similar) illegal


Campbell R. Harvey's Hypertextual Finance DictionaryDownload this dictionary
Black market
An illegal market.
UNODC Money Laundering Terms DictionaryDownload this dictionary
Black Market
Any private market that operates in contravention of government restrictions.

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