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black economy

The correct spelling is black economy.

How to pronounce black economy

noun

Say it like: Bla-k e-con-omee

The correct spelling is black economy. A sector of a nation's economy that is illegally undocumented due to cash payments or tax avoidance For example: "No one knows how large the black economy really is."

Usage Examples

No one knows how large the black economy really is.

Definition

noun

  1. 1.A sector of a nation's economy that is illegally undocumented due to cash payments or tax avoidance

Similar words

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