Black Market

The black market refers to the illegal trading of goods and services that are not allowed or are heavily regulated by laws. This can include items like drugs, weapons, counterfeit products, or even services like unlicensed gambling. Transactions in the black market happen outside government regulation and oversight, often to avoid taxes, restrictions, or bans. While it can offer lower prices or hard-to-find items, engaging in black market activities is risky, as it can lead to legal penalties for both sellers and buyers.