shadow market Meaning in the Cambridge English Dictionary
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Meaning of “shadow market” in the English Dictionary

"shadow market" in Business English

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shadow marketnoun [C, usually singular]

uk   us   COMMERCE
an ​illegalbusinessactivity: The ​ban on ​sales of ivory ​created a ​shadowmarket for fakes.
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(Definition of shadow market from the Cambridge Business English Dictionary © Cambridge University Press)
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