shadow economy

shadow economy. Collectively, the unregistered economic activities that contribute to a country’s gross national product. • A shadow economy may involve the legal and illegal production of goods and services, including gambling, prostitution, and drug-dealing, as well as barter transactions and unreported incomes. — Also termed black economy; black market; underground economy.

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词条贡献者

法律翻译Bernardine，毕业于新加坡知名法学院，专注翻译各类与文娱与体育有关的法律文件。