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black market

noun

Simple Definition of black market

  • : a system through which things are bought and sold illegally

Source: Merriam-Webster's Learner's Dictionary

Full Definition of black market

  1. :  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

  1. The black market in prescription drugs is thriving.

  2. They unloaded the stolen goods on the black market.



1931

First Known Use of black market

1931


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