black market 

Refers to a illegal market; that is, a market in illegal (such as drugs or prostitution) or unregulated (such as cigarettes or prescription drugs) goods and services such that the buyer and seller are both violating the laws of the jurisdiction in which the trade happens.

Did you hear the RatShack manager down the street got arrested for selling black market radar detectors in Connecticut?

black market by Lady Csyde June 20, 2006

Black Market 

n. The location in which one trades and sell illegal commidity smuggled from an illegal source esp. outside of the location.

Buy High, Sell low. Profit= -$100
Get High, Get low. Morality= -6043

Black Market by sss3d July 16, 2004

Black Market 

The illegal trading of goods from a place where it is legal (Usually) into a place where the object is illegal.

Cuban Cigars somehow getting smuggles into the U.S.

Crack-Cocaine getting over the border of the United States.

Black Market by Schwang November 21, 2003

Black Market 

think of the united states as one big black market. or think of it as the underground railroad. it's not really there, but you know it's happening.

it's basically where anyone trades goods or services for money. this money is untaxed, and unregulated, generally involving products such as narcotics, prostitutes, or even booze. it's possible the greatest market ever conceived.

Tom: Wanna go to the black market this weekend?
Billy: By which you mean go to the red light district and get some hookers?
Tom: No I meant go to you're dealer and get some heroin.
Billy: Oh, why didn't you say so?

Black Market by Bonghero420 August 2, 2009

Black Market 

A gathering of black people who are selling drugs to friends and each other.

My house was a black market yesterday when all of Ypsilanti, a largly black community, was piled in my kitchen and living room selling, trading, and using.

Black Market by Josh and Jordan January 8, 2007

Black Market 

Usually means a business owned by an African-American, but can also be applied to a place that hires mostly black employees. Typically considered inferior to other businesses.

Person 1 - Yo, Jamal's store ain't doing well!
Person 2 - Of course not, it's a black market.

Black Market by small jagger December 7, 2004

Black Market 

slave trade

Yeah I'm going to the black market this weekend

Black Market by My name? December 18, 2003