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black money

income earned surreptitiously or illegally, usually in cash, and not reported to the government so as to avoid paying taxes on it.
Origin of black money
1965-70 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for black money

black money

that part of a nation's income that relates to its black economy
any money that a person or organization acquires illegally, as by a means that involves tax evasion
(US) money to fund a government project that is concealed in the cost of some other project
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Slang definitions & phrases for black money

black money

noun phrase

  1. Money obtained illegally, esp by politicians and organized-crime operations, that must be ''laundered'' before it can be used: Money that derives from an illegal transaction is considered ''dirty'' or ''black'' cash
  2. Income not reported for tax purposes; skim (1970s+)
The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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