the illicit buying and selling of goods, in violation of price controls, rationing, tax laws, prohibition of sale, etc.
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.
The sale of illegal goods or goods at illegal prices or quantities. The customs authorities of the EU cooperate to clamp down on the black market operating across borders. (See customs)
goods or currencies sold illegally.
A market where products are bought and sold illegally.
A market in which illegal trading takes place at market-determined prices.
people who engage in illicit trade
deal in illegally, such as arms or liquor
An illegal trading arrangement in which buyers and sellers do business at a price higher than the legally imposed price ceiling.
market in which certain goods or services are traded in a manner contrary to the laws or regulations of the government in power (such as the price exceeding the legally imposed price ceiling). Typical reasons why the market goes underground in this way include the desire by substantial numbers of buyers and sellers to evade restrictive government price controls or inconvenient rationing schemes, to avoid paying heavy taxes on the good or service in question, or simply to be able to obtain forbidden products which the government does not want the people to have at all (such as illegal drugs).
adoption performed outside the law, often referred to as the illegal buying and selling of children.
Illegal trade, operating outside the law
See on: Wikipedia Investopedia A type of economic activity that takes place outside of government-sanctioned channels. Black-market transactions typically occur as a way for participants to avoid government price controls or taxes, conducting transactions 'under the table'. The black market is also the means by which illegal substances or products - such as illicit drugs, firearms or stolen goods - are bought and sold.
The black market or underground market is the part of economic activity involving illegal dealings, typically the buying and selling of merchandise or services illegally. The goods themselves may be illegal to sell (e.g. weapons or illegal drugs, etc.); the merchandise may be stolen; or the merchandise may be otherwise legal goods sold illicitly to avoid tax payments or licensing requirements, such as cigarettes or unregistered firearms. It is so called because "black economy" or "black market" affairs are conducted outside the law, and so are necessarily conducted "in the dark", out of the sight of the law.
Black Market is an instrumental jazz fusion album released by Weather Report in 1976. This album was produced by Joe Zawinul and Wayne Shorter. It was recorded in December 1975 and released in April 1976 through Columbia Records.
"Black Market" is an episode of the reimagined Battlestar Galactica television series.
