Definition of black market in English:

black market

noun

  • An illegal traffic or trade in officially controlled or scarce commodities.

    ‘the men planned to sell the meat on the black market’
    [as modifier] ‘black market currency trading’
    • ‘This was a profit of $12.75, and people were very happy to get them at the fine black-market price I was giving.’
    • ‘Near the tourist zone foreigners are hustled by touts selling black-market cigars.’
    • ‘The paper reports that there is a thriving trade in black-market exam papers and implies this might have motivated the creation of the virus.’
    • ‘There are thought to be more than 100,000 illegal migrants and asylum seekers, who are banned from working, and involved in the black-market economy.’
    • ‘The capital is also the center of a thriving black-market economy that encompasses everything from smuggling to prostitution and drug trafficking.’
    • ‘Keeping drugs illegal not only costs billions in enforcement, but loses billions in tax revenue by keeping the drug trade a black-market affair.’
    • ‘Once steroids became contraband, many athletes bought black-market anabolics that were cut with other drugs or intended solely for veterinary use.’
    • ‘He said sanctions often benefit individuals in power because of their ability to control and profit from the black-market economy.’
    • ‘Most of the mayor's staff were part of his extended family and all benefited from the black-market sale of diesel and gasoline in the city.’
    • ‘Fortunately for black-market arms dealers, however, end-user certificates are not standardized and there is no central regulating body overseeing the process.’
    • ‘Then there is the black-market trader, who veers between the criminal and entrepreneurial.’
    • ‘The service also keeps tabs on black-market websites where fraudsters often try to sell stolen account information.’
    • ‘But like drugs, and alcohol during Prohibition, black-market contraband always provides a means to acquire whatever is the forbidden fruit of the moment.’
    • ‘Investigators concluded that the colonel enlisted his men in a black-market currency scheme that netted him tens of thousands of dollars.’
    • ‘He eventually learns that his friend has become a black-market dealer in penicillin.’
    • ‘But he denied that he had an account of more than $5 million, alleged to be the leftovers of proceeds from the black-market sale of weapons.’
    • ‘In 2001, 68 people died in a matter of a few weeks after drinking black-market alcohol that proved to have been heavily laced with methanol.’
    • ‘To discourage black-market sales, buyers are allowed just one piece of any product, and clothes in their own sizes.’
    • ‘It is also advisable to bring a certain amount of US dollars in cash, as there is a strong black-market economy, which means that big bills are often paid in dollars.’
    • ‘As a result, our driver had to go on a hunt for black-market petrol, much of which is smuggled in from Central America.’
    illegal, unlawful, illicit, against the law, criminal, lawbreaking, actionable, felonious
    View synonyms

Pronunciation:

black market

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