Legal buying and selling, face to face, completely outside of any governmental regulations and unknown to any government agencies.
The White Market is when a transaction is private and nobody has to legally report it to any governmental entity.
Selling your stereo to your friend. He doesn't have to pay any sale tax on the item. You don't have to pay any income or other tax to sell it.
Buying stuff at the flea market for cash.
Selling your stereo to your friend. He doesn't have to pay any sale tax on the item. You don't have to pay any income or other tax to sell it.
Buying stuff at the flea market for cash.
by Donna Matrix, the Excretionist November 14, 2009
by tuckerjack48 May 31, 2010
l like the black and white market
by We The Champ July 24, 2017
The act of trading in any collectible that is graded, vacuum sealed in a lucite case or comes with a Certificate of Authenticity. i.e. Sports cards, comic books, toys, NASCAR commemorative plates, Civil War themed Chess sets, Beanie Babies, anything with the words "Star" and "Wars"...
The value of these items can rise and fall on a whim, but in the end they have no true value, despite what your monthly Beckett or Wizard guides may lead you to believe.
The value of these items can rise and fall on a whim, but in the end they have no true value, despite what your monthly Beckett or Wizard guides may lead you to believe.
Dow sets all-time high; Blue-chip indicator manages highest close ever, taking out a 6-1/2-year-old record; falling oil is the catalyst; and good news for those holding Tickle Me Elmos in the White Trash Stock Market sector.
by Munkerson November 17, 2006