black market

black market

the illicit buying and selling of goods in violation of legal price controls, rationing, etc.
a place where such activity is carried on.

1930–35 Unabridged


verb (used without object)
to black-marketeer.
verb (used with object)
to sell (something) in the black market.

1930–35; v. use of black market Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
black market
1.  a.  any system in which goods or currencies are sold and bought illegally, esp in violation of controls or rationing
 b.  (as modifier): black market lamb
2.  the place where such a system operates
3.  to sell (goods) on the black market
black marketeer

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

black market
1931, from black + market.
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Cultural Dictionary

black market definition

The illegal buying and selling of goods above the price fixed by a government. Black markets usually develop when, because of war, disaster, or public policy, a government tries to set prices for commodities instead of allowing the normal operations of supply and demand to set prices.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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