black economy
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English
[edit]Noun
[edit]black economy (plural black economies)
- (economics) A sector of a nation's economy that is illegally undeclared and undocumented due to cash payments or tax avoidance
- No one knows how large the black economy really is.
Related terms
[edit]Translations
[edit]a sector of a nation's economy that is illegally undeclared and undocumented
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