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Home > QFINANCE Dictionary > Definition of black money

Definition of

black money

Economics

untaxed money earned unofficially or illegally money circulating in the black economy in payment for goods and services

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

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