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What is another word for black market?

Pronunciation: [blˈak mˈɑːkɪt] (IPA)

The term "black market" refers to the illegal trade of goods or services that are not supposed to be sold outside of an approved market. There are several synonyms for the term "black market," including the underground market, shadow economy, covert economy, and informal economy. Other terms that can be used to describe the illicit trade of goods or services include piracy, counterfeiting, bootlegging, and smuggling. These activities often involve the sale of prohibited or controlled substances, such as drugs, weapons, or counterfeit goods. The use of such terms highlights the criminal nature of these activities and the need for enforcement efforts to combat these practices.
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Synonyms for Black market:

What are the hypernyms for Black market?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Black market?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the meronyms for Black market?

Meronyms are words that refer to a part of something, where the whole is denoted by another word.

What are the opposite words for black market?

The black market, also known as the underground economy, is an illegal trade of goods and services. It operates outside the control of government regulations and is often associated with criminal activity. Antonyms for black market would include legitimate market or legal market, which denotes a marketplace that is regulated and within the bounds of the law. A legal market allows for the exchange of goods and services in a safe and regulated environment. Other possible antonyms would be open market, transparent market or fair market, which suggests a market that is open to all players and operates in a fair and ethical manner.

What are the antonyms for Black market?

Famous quotes with Black market

  • Illegal immigrants are beginning to comprise a black market class of workers in our society, jeopardizing the financial health of companies which play by the rules, while themselves vulnerable to the exploitation by those willing to take advantage of their illegal status.
    Spencer Bachus
  • The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
    Milton Friedman
  • The World Health Organisation has a lot of its medical experts sitting in Geneva while hospitals in Africa have no drugs and desperate patients are forced to seek medication on the black market.
    Pauline Hanson
  • There are criminals who are drug users, but most addicts are criminals only by virtue of prohibition or from resorting to crime to pay inflated black market prices.
    Danny Sugerman
  • In the domain of cops and robbers, an interdiction serves to structure a black market and a shadow economy.
    William Irwin Thompson

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