Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A segment of a country's economy that consists of black-market activities.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun economics A sector of a nation's economy that is
illegally undocumented due to cash payments or tax avoidance
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a hidden sector of the economy where private cash transactions go unreported
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