Definition of Black Economy in English :

Define Black Economy in English

Black Economy meaning in English

Meaning of Black Economy in English

Pronunciation of Black Economy in English

Black Economy pronunciation in English

Pronounce Black Economy in English

Black Economy

see synonyms of black economy

Noun

1. black economy

a hidden sector of the economy where private cash transactions go unreported

Example Sentences:
'no one knows how large the black economy really is'

WordNet Lexical Database for English. Princeton University. 2010.


Black Economy

see synonyms of black economy
noun
that portion of the income of a nation that remains illegally undeclared either as a result of payment in kind or as a means of tax avoidance

Collins English Dictionary. Copyright © HarperCollins Publishers


Black Economy

see synonyms of black economy
n.
A segment of a country's economy that consists of black-market activities.

The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.