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Home > QFINANCE Dictionary > Definition of black market economy

Definition of

black market economy

  • 1. Economics

    illegal trading a system of illegal trading in officially controlled goods

  • 2. Currency & Exchange

    illicit parallel currency market an illicit secondary currency market that has rates markedly different from those in the official market

Definitions of ’black market economy’ and meaning of ’black market economy’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’black market economy’ and other financial terms with our online QFINANCE Financial Dictionary.

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