black economy

noun

1. that portion of the income of a nation that remains illegally undeclared either as a result of payment in kind or as a means of tax avoidance

Example Sentences

It also found signs of hotel residents working illegally in the black economy.

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But, at the same time, I have seen signs of hotel residents working illegally in the black economy and discovered that the asylum system appears to require an extraordinary number of taxi journeys.

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Having arrived on UK shores, they wanted to disappear anonymously into the black economy.

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But former Blair-era minister Clive Betts warned the border system "continue to fail" without proper exits checks leaving a risk of people staying illegally and working in "the black economy".

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However, the 17-page document reveals a series of previously unreported leaks by other partners, many who remain unnamed, from government consultations on topics including the taxation of digital currencies and the "black economy."

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