Simple Definition of black market
: a system through which things are bought and sold illegally
Full Definition of black market
: illicit trade in goods or commodities in violation of official regulations; also : a place where such trade is carried on
Examples of black market in a sentence
The black market in prescription drugs is thriving.
They unloaded the stolen goods on the black market.
First Known Use of black market
Learn More about black market
Britannica.com: Encyclopedia article about "black market"
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