black money

noun, obsolete

Definition of black money 

1 : coins issued as silver but containing a high alloy of base metal

2 : income (as from a black market or from gambling) that is not reported to the government for tax purposes

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First Known Use of black money

15th century, in the meaning defined above

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The first known use of black money was in the 15th century

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a soft lustrous wool fabric with mohair

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