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A segment of a country's economy that consists of black-market activities.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(Economics) that portion of the income of a nation that remains illegally undeclared either as a result of payment in kind or as a means of tax avoidance
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Economic activities which take place without the paying of taxes.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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|Noun||1.||black economy - a hidden sector of the economy where private cash transactions go unreported; "no one knows how large the black economy really is"|
sector - a social group that forms part of the society or the economy; "the public sector"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
black economyn (Brit) → economia sommersa
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995