black money

noun

1. income earned surreptitiously or illegally, usually in cash, and not reported to the government so as to avoid paying taxes on it.

black money

noun

1. that part of a nation's income that relates to its black economy
2. any money that a person or organization acquires illegally, as by a means that involves tax evasion
3. money to fund a government project that is concealed in the cost of some other project

Word History and Origins

Origin of black money¹

First recorded in 1965–70

Example Sentences

How all of this black money flows through reputable organizations is something that has fascinated me for years.

From The Daily Beast

So far the currency in use had been neir Turneis, or black money of Tours, 14d.

From Project Gutenberg

The imitations of class (a) are the "black money" known from records.

From Project Gutenberg

The white beads were called wampum or wompom and the black beads suckauhock, or black money.

From Project Gutenberg

The combination of black money, shoddy financial controls, shady bank accounts and shredded documents proves to be quite elusive.

From Project Gutenberg