black market
Meanings
noun
- Trade that is in violation of restrictions, rationing, or price controls.
- The people who engage in such trade, or that sector of the economy.
Pronunciation
Word forms
Etymology
Ca. 1930, probably a calque of German Schwarzmarkt, which is attested from the 1910s. Compare Schwärzer (“smuggler”, 18th c.).
Related words
Derived words
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