black market

Noun · Verb
Synonyms: run

Open English WordNet

Noun (2)

  1. people who engage in illicit tradeType of marketMembers black marketeer
  2. an illegal market in which goods or currencies are bought and sold in violation of rationing or controlsType of market, marketplace

Verb (1)

  1. deal in illegally, such as arms or liquorSynonyms: runMore general trade, merchandiseSimilar ply, run
Word of the day · Oct 27About this word
omniscientadjective

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Webster's Dictionary (1913)

black market noun

1. the illicit buying and selling of goods, in violation of price controls, rationing, tax laws, prohibition of sale, etc.

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.

Webster’s Revised Unabridged Dictionary (1913), from GCIDE 0.54 · with additions: GCIDE editors

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