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white market

American  

noun

  1. (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.


Other Word Forms

  • white-market adjective

Etymology

Origin of white market

First recorded in 1970–75

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

“We basically subsidize our white market with our black market,” said the cultivator, who agreed to speak with The Associated Press only on condition of anonymity to avoid possible prosecution.

From Seattle Times • Jan. 16, 2022

"The black markets supply a lot of pharmaceutical products before they are out on the white market," he said.

From Reuters • Mar. 29, 2013

Key feature: a kind of Government-sanctioned black market or, in the words of policy planners, a "white market."

From Time Magazine Archive

"No longer must the African be regarded as an appendage of the white market," says Mkele; "the African market represents great wealth, which must be wooed with all the arts of mass persuasion."

From Time Magazine Archive

No longer was there a white market for their savage wares; but there was still a sufficient incentive for the taking of Numa--alive.

From Jungle Tales of Tarzan by Burroughs, Edgar Rice