black money

The term "black money" refers to funds that are not reported to the government, often to evade taxes or because they are obtained through illegal means.

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Definition

B2Finance

(informal, global)Income that is not reported to the government to avoid paying taxes.

Example

  • Many people hide black money in offshore accounts to evade taxes.

B2Crime

(informal, global)Funds obtained through illegal activities, such as corruption or smuggling, and kept hidden from authorities.

Example

  • The police discovered a large amount of black money during the raid.

Similar

Terms that have similar or relatively close meanings to "black money":

dirty moneyclean moneyblood moneybig moneynew moneyblack marketdead moneycash moneydirty businesssingle moneypaper moneyhot moneyfunny moneysoft moneymoney machinesound moneyfound moneyold money