underground market
/ˌʌndərˈɡraʊnd ˈmɑːrkɪt/ · un·der·ground mar·ket
noun
- A market or system of trade that operates outside of official or legal channels, often involving illicit or unreported activities. The police cracked down on the underground market for counterfeit goods.
- A market or system of trade that is not officially recognized or sanctioned by a government or regulatory body. The underground market for alternative energy solutions is growing rapidly.
Synonyms
Antonyms
Did you know? The concept of an underground market has been explored in various forms of media, including films and literature, often highlighting the complexities and risks involved in such economic activities.