Black Economy Definition
noun
A segment of a country's economy that consists of black-market activities.
American Heritage
(economics) A sector of a nation's economy that is illegally undocumented due to cash payments or tax avoidance.
No one knows how large the black economy really is.
Wiktionary
Other Word Forms of Black Economy
Noun
Singular:
black economy
Plural:
black economiesRelated Articles
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