informal economy

An alternative term for the Underground economy.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • informal economy — ➔ economy1 * * * informal economy UK US noun [C] ECONOMICS ► THE SHADOW ECONOMY(Cf. ↑the shadow economy) …   Financial and business terms

  • Informal economy — In economics, the term informal economy (or second economy in the South African context) refers to all economic activities that fall outside the formal economy regulated by economic and legal institutions. It refers to the general market income… …   Wikipedia

  • informal economy — As used by sociologists, the term refers to non market work, in some cases with the addition of black economy work (which is market work strictly defined). Economists are more likely to use the term as an alternative label for the hidden,… …   Dictionary of sociology

  • informal economy — Econ the economy that runs in parallel to the formal economy but outside the reach of the tax system, most transactions being paid for in cash or goods …   The ultimate business dictionary

  • Coalition of Informal Economy Association of Swaziland — The Coalition of Informal Economy Association of Swaziland (CIEAS) was formed in 2006 by marginalized community based organizations (CBOs) striving to earn a leaving by carrying out different income generation projects. CIEAS has a membership of… …   Wikipedia

  • informal economies — informal economy …   Dictionary of sociology

  • Economy of Nigeria — Currency Nigerian naira (N) (NGN) Trade organisations OPEC Statistics GDP $377.6 billion (2010 est.) (PPP; 31st) …   Wikipedia

  • Economy of Namibia — Rank 131st Currency Namibian dollar (NAD) Fiscal year 1 April 31 March Trade organisations WTO, SADC, SACU …   Wikipedia

  • Economy of Morocco — 100 Moroccan dirham Rank 54th Currency Moroccan Dirham (MAD) …   Wikipedia

  • Economy of Cuba — Flag Rank 89th Currency Cuban peso (CUP) = 100 centavos and Cuban Convertible Peso (CUC) = 24 CUP …   Wikipedia

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