| Black Market | |
 A type of economic activity that takes place outside of government-sanctioned channels. Black-market transactions typically occur as a way for participants to avoid government price controls or taxes, conducting transactions 'under the table'. The black market is also the means by which illegal substances or products - such as illicit drugs, firearms or stolen goods - are bought and sold. |
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 While the black market is commonly associated with criminal activities involving drugs or weapons, it also has a financial component: black currency-exchange markets almost always appear when government controls on exchange rates prevent the use of natural exchange rates in the global marketplace. |
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 Handcuffs And Smoking Guns: The Criminal Elements Of Wall Street - From godfathers to perps, familiarize yourself with the "criminal elements" creeping around Wall Street. Defining Illegal Insider Trading - The better you understand why insider trading can be criminal, the better you'll understand how the market works. The Securities And Exchange Commission Defined - The SEC is on your side. Find out how this regulatory body protects the rights of investors. |
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