black market

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black market

The business of buying or selling illegal or banned goods, currencies, or substances. Hyphenated if used as a modifier before a noun. Though they have been proven beyond a shadow of a doubt to hold no medicinal properties, rhino horns are highly sought after on the black market. Illegally procured and distributed prescription medicines make up a surprisingly large percentage of black-market drug trade.
See also: black, market

the black ˈmarket

an illegal form of trade in which foreign money, or goods that are difficult to obtain, are bought and sold: Tickets for the game are being sold on the black market for $200 each. OPPOSITE: the open market
See also: black, market
References in periodicals archive ?
Police said the deadly alcohol was sold openly to poor farmworkers at liquor stores under the brand name Thunderbolt, a well-known cheap sugarcane liquor; police suspect black-marketers refilled discarded bottles with a mixture of methanol, which is normally used as an antifreeze in cars.
He directed administrators and TMO's to make sure the best arrangements in Ramzan Bazaars and stern action would be taken against price-hikers and black-marketers.
KARACHI, September 04, 2010 (Frontier Star): Profiteers and black-marketers have become active to take undue advantage of the linking of LPG price to Saudi Aramco Contract Price.
of Video Importers is furious at the Information Ministry's decision to cease all raids against VCD pirates from November through next February, intended to give the black-marketers the chance to turn legitimate.
The Deputy Commissioner warned the hoarders, profiteers and black-marketers to avoid creating any artificial shortage of the
He said profiteers and black-marketers have been active to take undue advantage of the linking of LPG price to Saudi Aramco contract price.