shadow economy

An alternative term for the Underground economy.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • shadow economy — ➔ economy1 …   Financial and business terms

  • shadow economy — noun Another name for the ↑black economy (see under ↑black) • • • Main Entry: ↑shadow …   Useful english dictionary

  • shadow economy — shadow e conomy n technical business activities that are difficult for the authorities to find out about, for example because they are illegal …   Dictionary of contemporary English

  • shadow economy — /ˈʃædoʊ əˌkɒnəmi/ (say shadoh uh.konuhmee) noun an economy which exists alongside the officially recognised economy and which is based on the flow of money which is not accounted for in official statistics because it is part of the cash economy …   Australian English dictionary

  • shadow economy — noun Economics illicit economic activity existing alongside a country s official economy, e.g. black market transactions and undeclared work …   English new terms dictionary

  • the shadow economy — UK US noun [S] ECONOMICS ► THE BLACK ECONOMY(Cf. ↑the black economy) …   Financial and business terms

  • economy — ▪ I. economy e‧con‧o‧my 1 [ɪˈkɒnəmi ǁ ɪˈkɑː ] noun economies PLURALFORM 1. [countable] ECONOMICS the system by which a country s goods and services are produced and used, or a country considered in this way: • the transformation from a centrally… …   Financial and business terms

  • Economy of Russia — Russia is a unique emerging market, in the sense that being the nucleus of a former superpower shows more anomalies. On one hand, its exports are primarily resource based, and on the other, it has a pool of technical talent in aerospace, nuclear… …   Wikipedia

  • Economy —    With the exception of a brief period of entrepreneurial experimentation under Vladimir Lenin’s “New Economic Policy” (NEP) from 1921 to 1928, the Soviet economy was historically dominated by the state. Joseph Stalin’s centrally planned… …   Historical Dictionary of the Russian Federation

  • Economy of Belgium — View of Brussels financial district over the Botanical Garden Rank 30th (2008) …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.