illegal business activities
/ɪˈlɛɡəl ˈbɪznəs ˈæktɪvɪtiz/ · i·leg·al bus·i·ness ac·tiv·i·ties
noun
- Engagements in commerce or trade that violate laws or regulations. The company was accused of engaging in illegal business activities, including money laundering and tax evasion.
- Unlawful or unauthorized commercial practices. The government cracked down on illegal business activities, such as price-fixing and bid-rigging.
verb
- To engage in or participate in unlawful or unauthorized commercial practices. The company was accused of illegally engaging in business activities, including bribery and corruption.
Synonyms
unlawful business practicesillicit commerceunauthorized tradeblack market activitiescriminal business dealingsfraudulent business practicescorrupt business activitiesunethical business practices
Antonyms
Did you know? The term 'illegal business activities' gained widespread attention in the 1980s and 1990s with the rise of high-profile corporate scandals and financial crimes, such as the Savings and Loan crisis and the Enron scandal.