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- DictionaryBlack mar·ket/ˌblak ˈmärkət/
noun
- 1. an illegal traffic or trade in officially controlled or scarce commodities: "they planned to sell the meat on the black market"
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- Black market
Market in which goods or services are traded illegally
A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is not compliant with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution is prohibited or restricted by law, non-compliance with the rule constitutes a black-market trade since the transaction ... Wikipedia
