Phrase guide

black economy

noun · 2 senses · updated from the 2026-07-25 local source snapshot

Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.

Sound

Pronunciation

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No pronunciation record was provided for this word.

1

noun

Meaning 1

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

Definition source: English Wiktionary via Wiktextract

Topics: economics, sciences

Examples

  • No one knows how large the black economy really is.

Meaning relationships

Synonyms: none provided

Antonyms: none provided

2

noun

Meaning 2

a hidden sector of the economy where private cash transactions go unreported

Definition source: Princeton WordNet 3.0

Examples

  • no one knows how large the black economy really is

Meaning relationships

Synonyms: none provided

Antonyms: none provided

Broader terms: sector

History

Etymology

No etymology was provided for this word.

Across languages

Translations

1 source translations are retained for this English entry.

  • Hungarian: feketegazdaság — a sector of a nation's economy that is illegally undeclared and undocumented