Webster's Online Dictionary
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Definition: BLACK ECONOMY

Part of Speech Definition
Noun 1. A hidden sector of the economy where private cash transactions go unreported; "no one knows how large the black economy really is".[Wordnet].

Source: WordNet 3.0 Copyright © 2006 by Princeton University. All rights reserved.

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Definition: BLACK ECONOMY

Part of SpeechDefinition
Noun1. A hidden sector of the economy where private cash transactions go unreported; "no one knows how large the black economy really is".[Wordnet].

Source: WordNet 3.0 Copyright © 2006 by Princeton University. All rights reserved.

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Common Expressions: BLACK ECONOMY

ExpressionsDefinition
Black economyA hidden sector of the economy where private cash transactions go unreported; "no one knows how large the black economy really is". Source: Wordnet 3.0 Copyright © 2006 by Princeton University. All rights reserved.

Source: compiled by the editor from various references; see credits.

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Specialty Expressions: BLACK ECONOMY

ExpressionsDomainDefinition
Black economyLaborSector of the economy based on illicit working or illegal activities which do not appear in the national statistics. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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