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

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English definition of “black market”

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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)
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