Meaning of black market

black' mar'ket

Pronunciation: [key]
  1. the illicit buying and selling of goods in violation of legal price controls, rationing, etc.
  2. a place where such activity is carried on.


Pronunciation: (blak'mär'kit), [key]
— v.i.
  1. to black-marketeer.
  1. to sell (something) in the black market.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.