Meanings
nounblack economy (plural black economies)
plural black economies
- economicsA sector of a nation's economy that is illegally undeclared and undocumented due to cash payments or tax avoidance
No one knows how large the black economy really is.
Translations
Hungarian feketegazdaság
- feketegazdasága sector of a nation's economy that is illegally undeclared and undocumented
Cite this entry
APA
black economy. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/black%20economy
MLA
“black economy.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/black%20economy. Accessed November 5, 2026.
Chicago
WatkinsX Dictionary, s.v. “black economy,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/black%20economy.
Source: black economy on Wiktionary, CC BY-SA 4.0.