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Definition of

hidden economy


unofficial, untaxed economic activity economic activity that is not declared for tax purposes and is usually carried out in exchange for cash.

Related definitions of "hidden economy"

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

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