Dictionary![]() ![]() black' mar'ket1. the illicit buying and selling of goods in violation of legal price controls, rationing, etc. 2. a place where such activity is carried on. black-mar•ketPronunciation: (blak'mär'kit), [key] —v.i. to black-marketeer. —v.t. to sell (something) in the black market. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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