black market

black market
black market lack market n. 1. the illicit buying and selling of goods, in violation of price controls, rationing, tax laws, prohibition of sale, etc. [PJC]

2. a place where such illegal commerce is conducted, or the entire system of such illicit commerce considered as a whole; as, the black market accounts for twenty percent of the Ukrainian economy. [PJC]


The Collaborative International Dictionary of English. 2000.

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