What is black market?

  • (noun): People who engage in illicit trade.
    See also — Additional definitions below

Black Market

A black market or underground economy is the market in which illegal goods are traded. Due to the nature of the goods traded, the market itself is forced to operate outside the formal economy, supported by the established state power. Typically the totality of such activity is referred to with the definite article as a complement to the official economies, by market for such goods and services, e.g. "the black market in bush meat".

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Some articles on black market:

Black Market - See Also
... Agorism Business ethics Counter-economics Grey market Household electricity approach Hunger's Rogues – black market in post WWII Europe Informal economy Silk Road (marketplace) – a ...
Black Market (disambiguation)
... Black market is a covert trade in illegal or stolen goods ... Black Market may also refer to Black Market (album), a 1976 album by Weather Report "Black Market" (Battlestar Galactica), an episode of Battlestar Galactica Black Marketing, a propaganda short ...
Combat Arms (video Game) - Gameplay
... Players can also purchase equipment from the Black Market (previously known as the Nexon Cash Shop) using NX (Nexon Cash) that is bought with real-world money ... Primarily, the Black Market equipment is cosmetically different from regular shop items and have no rank or level requirement that many of the free items require ... In addition, some items may only be obtained through the Black Market ...
Bats Day In The Fun Park - Events
... The 6 events are the following The Bats Day Black Market - A large gathering of vendors selling spooky items, including clothing, music, artwork, books, collectibles, toys, and other original genre items from ... Party) - This event typically happens the night of the Black Market, and is a catered hors d'œuvres cocktail party with a raffle ... This event happens the night of the Black Market, and is a catered hors d'œuvres cocktail party, for the first hour, with a raffle, Djays and Live Entertainment ...
Los Angeles Resistance Cell (V Series) - The Taylors
... Elias to become something more worthwhile than a black market dealer ... get Elias to help the group, as he had many useful contacts in the black market and could get the Resistance badly needed materials and supplies ... Caleb constantly nagged Elias about becoming more worthwhile than a black market dealer, often using Benjamin a doctor, as an example and this led Elias ...

More definitions of "black market":

  • (verb): Deal in illegally, such as arms or liquor.
    Synonyms: run
  • (noun): An illegal market in which goods or currencies are bought and sold in violation of rationing or controls.

Famous quotes containing the words market and/or black:

    Talk of a divinity in man! Look at the teamster on the highway, wending to market by day or night; does any divinity stir within him? His highest duty to fodder and water his horses! What is his destiny to him compared with the shipping interests?
    Henry David Thoreau (1817–1862)

    All your ages
    Matt and glossy on the thick black pages!
    Philip Larkin (1922–1985)