Black market


 

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Black market

An illegal market, in which something is bought and sold outside of official government-sanctioned channels. Black markets tend to arise when a government tries to fix a price without itself providing all of the necessary supply or demand. Black markets in foreign exchange almost always exist when there are exchange controls.

Black market

An illegal market.



Black market

Similar Matches

Imperfect market

Imperfect market

Economic environment in which the costs of labor and other resources used for production encourage firms to use substitute inputs that less costly.


Fund supermarket

Fund supermarket

A website which provides information on a variety of collective investment funds from several providers, and allows users to invest in those funds by transacting online. Fund supermarkets do not provide advice, but may provide educational tools to help users reach a decision. They often provide discounts on fund charges, and have the advantage of enabling investment in a number of funds from different providers within a single ISA.


Contramarket stock

Contramarket stock

In the context of general equities, stock that tends to go against the trend of the market as a whole, such as a commodities-related stock or one in an industry out of favor with investors in a bull market.


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The market value of a security, excluding options, as of the close of the last business day.


Intermarket Surveillance Group

Intermarket Surveillance Group

Allows regulatory staffs of the US securities exchanges and the NASD to co-ordinate industry-wide co-operative efforts for exchanging market data. Their goal is to enhance intermarket surveillance to assure the integrity of trading in options and equities, and to enhance public protection.


Further Suggestions

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weak market
Marketable Title
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Market opening
Market book ratio
Internally efficient market
Intermarket Trading System (ITS)
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Market Not Held Order
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Central American Common Market
Market prices
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