black market - definition in the Business English Dictionary - Cambridge Dictionaries Online (US)

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “black market”

See all translations

black market

noun [C, usually singular]
 
 
COMMERCE
an illegal system in which products that are difficult or expensive to buy legally are bought and sold: Tickets were selling for up to $800 on the black market.black market in sth There is a growing black market in fake branded goods.black market for sth Gunmakers have been accused of feeding a black market for illegal handguns.
an illegal system in which workers are employed for very low wages: Some unscrupulous employers take workers on the black market to avoid paying the minimum wage.
Translations of “black market”
in Chinese (Traditional) 黑市,非法交易市場…
in Russian черный рынок…
in Turkish kara borsa…
in Chinese (Simplified) 黑市,非法交易市场…
in Polish czarny rynek…
(Definition of black market from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of black market?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “black market”

Definitions of “black market” in other dictionaries

Word of the Day

generous

willing to give money, help, kindness, etc., especially more than is usual or expected

Word of the Day

May I sit here? Asking for and giving permission.

by Liz Walter,
June 03, 2015
We often find ourselves in situations where we need to ask for permission or to reply to people who ask us for permission. Here are some words and phrases to help you do this in a natural way. The simplest way to ask for permission is with the modal verb can: Can

Read More 

ebolaphobia noun

June 01, 2015
irrational fear of the (spread of) the Ebola virus Ebolaphobia Going Viral

Read More