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black market

Line breaks: black mar¦ket

Definition of black market in English:

noun

An illegal traffic or trade in officially controlled or scarce commodities: the men planned to sell the meat on the black market [as modifier]: black market currency trading
More example sentences
  • Keeping drugs illegal not only costs billions in enforcement, but loses billions in tax revenue by keeping the drug trade a black-market affair.
  • Investigators concluded that the colonel enlisted his men in a black-market currency scheme that netted him tens of thousands of dollars.
  • But like drugs, and alcohol during Prohibition, black-market contraband always provides a means to acquire whatever is the forbidden fruit of the moment.

Derivatives

black marketeer

1
noun
Example sentences
  • The media like to paint it as a rather wild place, full of black marketeers, mobsters and an amorphous group of people they mysteriously call the ‘Mafia'.
  • Fortunately, he had anticipated trouble and had made arrangements for black marketeers to smuggle out the footage he already had.
  • The author tells us it is simply a matter of supply and demand, with nuclear black marketeers actively establishing connections between likely end-users and would-be sellers.

black-marketeering

2
noun
Example sentences
  • There was a widespread popular anger sparked by high prices (these had more than doubled during the war), a scarcity of goods, and black-marketeering.
  • Food rationing together with spasmodic black-marketeering for tea, meat and the like persisted until I was seven.
  • It also would serve as a propaganda ploy to show that the government was fighting high-level crime and black-marketeering, opponents say.

Definition of black market in:

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