01 n. the illicit buying and selling of goods, in violation of price controls, rationing, tax laws, prohibition of sale, etc.
-
1.
the illicit buying and selling of goods, in violation of price controls, rationing, tax laws, prohibition of sale, etc.
-
2.
a place where such illegal commerce is conducted, or the entire system of such illicit commerce considered as a whole; as, the black market accounts for twenty percent of the Ukrainian economy.