BLACK ECONOMY


Meaning of BLACK ECONOMY in English

The ~ consists of the buying, selling, and producing of goods or services that goes on without the government being informed, so that people can avoid paying tax on them. (BRIT)

...an attempt to clamp down on the ~.

N-SING

Collins COBUILD.      Толковый словарь английского языка для изучающих язык Коллинз COBUILD (международная база данных языков Бирмингемского университета) .