Definitions

from The American HeritageĀ® Dictionary of the English Language, 4th Edition

  • n. The illegal business of buying or selling goods or currency in violation of restrictions such as price controls or rationing.
  • n. A place where these illegal operations are carried on.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. trade that is in violation of restrictions, rationing or price controls
  • n. the people who engage in such trade (considered as a group), or that sector of the economy

from the GNU version of the Collaborative International Dictionary of English

  • n. the illicit buying and selling of goods, in violation of price controls, rationing, tax laws, prohibition of sale, etc.
  • n. a place where such illegal commerce is conducted, or the entire system of such illicit commerce considered as a whole.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. people who engage in illicit trade
  • v. deal in illegally, such as arms or liquor
  • n. an illegal market in which goods or currencies are bought and sold in violation of rationing or controls

Etymologies

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Examples

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