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black market
1noun
the illicit buying and selling of goods in violation of legal price controls, rationing, etc.
a place where such activity is carried on.
black-market
2[blak-mahr-kit]
verb (used without object)
to black-marketeer.
verb (used with object)
to sell (something) in the black market.
black market
noun
any system in which goods or currencies are sold and bought illegally, esp in violation of controls or rationing
( as modifier )
black market lamb
the place where such a system operates
verb
to sell (goods) on the black market
black market
The illegal buying and selling of goods above the price fixed by a government. Black markets usually develop when, because of war, disaster, or public policy, a government tries to set prices for commodities instead of allowing the normal operations of supply and demand to set prices.
Other Word Forms
- black marketeer noun
Word History and Origins
Origin of black market1
Origin of black market2
Example Sentences
Others have suggested that the horns should simply be sold into that very black market, and that perhaps legalizing that trade could help save rhinos.
But somewhere between Amsterdam and Brussels the ketamine had vanished - the authorities believe most likely into the black market - replaced by the salt and freshly forged documents.
Young’s suit said his inclusion in the story, which used the term “black market” in an on-screen banner, implied that his activity was criminal, even though Marquardt’s segment made no such charge.
He added that banning certain flavours could also create a black market for vapes rather than a preventative measure.
But reusing and heating it too often - as is often the case in Honduras, where there is a huge black market for used cooking oil - can create compounds which are bad for consumers' health.
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