black-market

verb
black-mar·​ket | \ ˈblak-ˈmär-kət How to pronounce black-market (audio) \
black-marketed; black-marketing; black-markets

Definition of black-market

 (Entry 1 of 2)

intransitive verb

: to buy or sell goods in the black market

transitive verb

: to sell in the black market

black market

noun

Definition of black market (Entry 2 of 2)

: illicit trade in goods or commodities in violation of official regulations also : a place where such trade is carried on

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Other Words from black-market

Verb

black marketer or black marketeer \ ˈblak-​ˌmär-​kə-​ˈtir How to pronounce black market (audio) \ noun
black marketeering \ ˈblak-​ˌmär-​kə-​ˈtir-​iŋ How to pronounce black market (audio) \ noun

Examples of black-market in a Sentence

Noun The black market in prescription drugs is thriving. They unloaded the stolen goods on the black market.
Recent Examples on the Web: Noun With demand high, black market dealers are insisting on cash upfront, said Sarang. Star Tribune, "Indians turn to black market, unproven drugs as virus surges," 29 Apr. 2021 Nevertheless, Sharon was forced to go underground and operate as the Power Broker, a black market art dealer, funder of supersoldier serum projects and general shady person. Eliana Dockterman, Time, "All Your Falcon and the Winter Soldier Finale Questions, Answered," 23 Apr. 2021 Any technology that offers a way to anonymously spend money raises the specter of black market uses—from drug sales to money laundering to the evasion of international sanctions—along with the accompanying crush of financial regulations. Andy Greenberg, Wired, "Signal Adds a Payments Feature—With a Privacy-Focused Cryptocurrency," 6 Apr. 2021 Cosmetic surgeons use fat from elsewhere in the body for enhancements, but black market practitioners sometimes use silicone sourced from hardware stores. NBC News, "Woman sentenced to 5 years for deadly butt injection," 3 Apr. 2021 The International Fund for Animal Welfare has written that poisoning ivory could increase black market prices and heighten poaching threats. Devon Link, USA TODAY, "Fact check: Altered image shows rhino horns, elephant tusks dyed pink to deter poaching," 2 Mar. 2021 But those available describe an elaborate black market peso scheme that used a series of steps to eventually send the drug profits back to Mexican cartels in their own currency. Beth Warren, The Courier-Journal, "Chinese nationals used US banks to launder millions in drug profits for Sinaloa Cartel," 2 Mar. 2021 Jesmark, a struggling fisherman on the island of Malta, is forced to turn his back on generations of tradition and risk everything by entering the world of black market fishing to provide for his girlfriend and newborn baby. Los Angeles Times Staff, Los Angeles Times, "Here’s what’s screening at the Sundance Film Festival 2021," 15 Dec. 2020 As such, a recourse to black market operators is done only out of necessity on the back of the government’s ongoing currency policies. Yomi Kazeem, Quartz Africa, "Nigeria’s defense of a spiraling naira and its multiple exchange rates isn’t working," 30 Nov. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'black-market.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of black-market

Verb

1727, in the meaning defined at intransitive sense

Noun

1931, in the meaning defined above

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Time Traveler for black-market

Time Traveler

The first known use of black-market was in 1727

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Statistics for black-market

Cite this Entry

“Black-market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/black-market. Accessed 15 May. 2021.

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More Definitions for black-market

black market

noun

English Language Learners Definition of black market

: a system through which things are bought and sold illegally

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