Dictionary
2 ENTRIES FOUND:

black market

noun

: 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

  1. The black market in prescription drugs is thriving.
  2. They unloaded the stolen goods on the black market.

First Known Use of BLACK MARKET

1931

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