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black money

income earned surreptitiously or illegally, usually in cash, and not reported to the government so as to avoid paying taxes on it.
Origin of black money
First recorded in 1965-70 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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British Dictionary definitions for black money

black money

that part of a nation's income that relates to its black economy
any money that a person or organization acquires illegally, as by a means that involves tax evasion
(US) money to fund a government project that is concealed in the cost of some other project
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Slang definitions & phrases for black money

black money

noun phrase

  1. Money obtained illegally, esp by politicians and organized-crime operations, that must be ''laundered'' before it can be used: Money that derives from an illegal transaction is considered ''dirty'' or ''black'' cash
  2. Income not reported for tax purposes; skim (1970s+)
The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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