See Also: black market(dictionary)
black market(encyclopedia)
Black market(finance)
Black Market(money)
Industrial market or producer market or business market(finance)
Black Flagged (Black Flag) - Motor Sports(gambling)
Black Action or Black Play - Blackjack(gambling)
Market maker to market marker(finance)
black box(dictionary)
black art(medicine)

black market (sh)




Trading in violation of publicly imposed regulations such as rationing laws, laws against the sale of certain goods, and official rates of exchange among currencies.

Black-market activity is common in wartime, when scarce goods and services are often strictly rationed (see rationing). Black-market foreign-exchange transactions flourish in countries where convertible foreign currency is scarce and foreign exchange is tightly controlled.