Crossword Solver > found answer > BLACKMARKET (black market)

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blackmarket

black market

Searching in Crosswords ...

The answer BLACKMARKET (black market) has 14 possible clue(s) in existing crosswords.

Searching in Word Games ...

The word BLACKMARKET (black market) is NOT valid in any word game. (Sorry, you cannot play BLACKMARKET (black market) in Scrabble, Words With Friends etc)

Searching in Dictionaries ...

Definitions of black market in various dictionaries:

noun - people who engage in illicit trade

noun - an illegal market in which goods or currencies are bought and sold in violation of rationing or controls

verb - deal in illegally, such as arms or liquor

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Word Research / Anagrams and more ...

Keep reading for additional results and analysis below.

Possible Crossword Clues
Bootleg
*Arena for illegal trading
Illegal arms trade, e.g
Illegal whiskey trade, e.g
Illicit trading
Illegal trade
Selling in violation of controls
Buying and selling in violation of rationing
Illegal system of trade
Place to purchase illicit goods

Possible Jeopardy Clues
Term for the illegal buying or selling of goods in violation of rationing or price controls

Black market description
A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is characterized by some form of noncompliant behavior with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution is prohibited by law, non-compliance with the rule constitutes a black market trade since the transaction itself is illegal. Parties engaging in the production or distribution of prohibited goods and services are members of the illegal economy. Examples include the drug trade, prostitution (where prohibited), illegal currency transactions and human trafficking. Violations of the tax code involving income tax evasion constitute membership in the unreported economy.Because tax evasion or participation in a black market activity is illegal, participants will attempt to hide their behavior from the government or regulatory authority. Cash usage is the preferred medium of exchange in illegal transactions since cash usage does not leave a footprint. Common motives for operating in black markets are to trade contraband, avoid taxes and regulations, or skirt price controls or rationing. Typically the totality of such activity is referred to with the definite article as a complement to the official economies, by market for such goods and services, e.g. "the black market in bush meat". * The black market is distinct from the grey market, in which commodities are distributed through channels that, while legal, are unofficial, unauthorized, or unintended by the original manufacturer, and the white market, in which trade is legal and official. * Black money is the proceeds of an illegal transaction, on which income and other taxes have not been paid, and which can only be legitimised by some form of money laundering. Because of the clandestine nature of the black economy it is not possible to determine its size and scope.

Black market description

A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is characterized by some form of noncompliant behavior with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution is prohibited by law, non-compliance with the rule constitutes a black market trade since the transaction itself is illegal. Parties engaging in the production or distribution of prohibited goods and services are members of the illegal economy. Examples include the drug trade, prostitution (where prohibited), illegal currency transactions and human trafficking. Violations of the tax code involving income tax evasion constitute membership in the unreported economy.Because tax evasion or participation in a black market activity is illegal, participants will attempt to hide their behavior from the government or regulatory authority. Cash usage is the preferred medium of exchange in illegal transactions since cash usage does not leave a footprint. Common motives for operating in black markets are to trade contraband, avoid taxes and regulations, or skirt price controls or rationing. Typically the totality of such activity is referred to with the definite article as a complement to the official economies, by market for such goods and services, e.g. "the black market in bush meat".
* The black market is distinct from the grey market, in which commodities are distributed through channels that, while legal, are unofficial, unauthorized, or unintended by the original manufacturer, and the white market, in which trade is legal and official.
* Black money is the proceeds of an illegal transaction, on which income and other taxes have not been paid, and which can only be legitimised by some form of money laundering. Because of the clandestine nature of the black economy it is not possible to determine its size and scope.

Related Answers
BLACKMARKET
ILLEGAL
ILLICIT

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