| n. | 1. | the illicit buying and selling of goods, in violation of price controls, rationing, tax laws, prohibition of sale, etc. |
| 2. | a place where such illegal commerce is conducted, or the entire system of such illicit commerce considered as a whole; |
| Noun | 1. | black market - people who engage in illicit trade |
| 2. | black market - an illegal market in which goods or currencies are bought and sold in violation of rationing or controls | |
| Verb | 1. | black market - deal in illegally, such as arms or liquor Synonyms: run |
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