underground economy — underground economy, an unregulated system of exchanging goods and services by barter, unrecorded cash transactions, and other arrangements, especially to avoid paying taxes: »Often working independently and surreptitiously, many Americans have… … Useful english dictionary
Underground economy — The underground economy or black market is a market consisting of all commerce on which applicable taxes and/or regulations of trade are being avoided. The term is also often known as the underdog, shadow economy, black economy or parallel… … Wikipedia
underground economy — /ˌʌndəgraʊnd əˈkɒnəmi/ (say .unduhgrownd uh konuhmee) noun an economy which exists alongside the official economy but which involves payments in cash which are not declared as taxable income and which do not therefore become part of official… …
underground economy — noun North American term for black economy … English new terms dictionary
the underground economy — UK US noun [S] ECONOMICS ► THE BLACK ECONOMY(Cf. ↑the black economy) … Financial and business terms
Underground — may refer to:* Underground rapid transit system, urban railway ** London Underground, a metro system that covers the Greater London area * Resistance movement, an opposition to an invader, a political position, or to a government * Underground… … Wikipedia
underground — 01. Foxes usually build their homes [underground], often at the base of a tree. 02. The government is losing more and more money in taxes each year due to the increase in the [underground] economy. 03. We were digging in our backyard, and… … Grammatical examples in English
underground — I. adverb Date: 14th century 1. beneath the surface of the earth 2. in or into hiding or secret operation II. noun Date: 1594 1. a subterranean space or channel 2. an underground city railway system 3. a. a movement or … New Collegiate Dictionary
economy — The Spanish economy is a modern western style economy based principally on the services sector, which generates just over 60 percent of the country s wealth, compared to about one third generated by industry and construction combined, and… … Encyclopedia of contemporary Spanish culture
Economy of the Republic of Vietnam — Republic of Vietnam (South Vietnam had a market, developing and open economy. The economy of this country was highly free from 1963 to 1973. Nevertheless, the economic development based largely on five year economic plan or four year economic… … Wikipedia
