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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?
by connorbd@yahoo.com June 19, 2006
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Jun 20 Word of the Day
Marginalized Orientations, Gender identities, And Intersex. it’s meant to be an all inclusive umbrella term for asexuals, homosexuals, multisexuals, trans people, and intersex people. Alternative to LGBTQIAP+
Alternative to MOGII, easier to pronounce.
The MOGAI community in my city is very friendly.
by sebasty September 04, 2014
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2
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
by sss3d July 16, 2004
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3
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.
by Schwang November 21, 2003
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4
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?
by Bonghero420 August 02, 2009
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5
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.
by Josh and Jordan January 07, 2007
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