white market


noun

(in a system of rationing) the buying and selling of unused ration coupons at a fluctuating legal price based on the supply of and demand for the rationed commodity.
Compare black market.

Origin of white market

First recorded in 1970–75

OTHER WORDS FROM white market

white-mar·ket, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019