HyperDic: black_economy

English > 1 sense of the expression black economy:
NOUNgroupblack economya hidden sector of the economy where private cash transactions go unreported
English > black economy: 1 sense > noun 1, group
MeaningA hidden sector of the economy where private cash transactions go unreported.
Example"no one knows how large the black economy really is"
Part ofeconomy, economic systemThe system of production and distribution and consumption
BroadersectorA social group that forms part of the society or the economy

©2001-24 · HyperDic hyper-dictionary · Contact

English | Spanish | Catalan
Privacy | Robots

Valid XHTML 1.0 Strict