Dictionary — ontologydriven

black money en · NOUN

Meanings

(uncountable) Income that is not reported to a government in order to evade taxes.
(India, uncountable) Money that is obtained illegally, especially that which circulates outside the formal financial system in the underworld.
- In India, the government faces the issue of combating black money stashed overseas.
- Demonetization — or the withdrawal from use — was one of a package of measures recommended by a Government committee that investigated the problem of “black money” — money acquired through illegal transactions and kept hidden from tax authorities. 1973 August 9, “Demonetization Feared”, in The New York Times, →ISSN:
- Mr Modi has implemented a flurry of schemes to flush out “black money”, the term Indians use for cash which is both unaccounted for and outside its formal financial system. 2016 November 10, “Taking notes”, in The Economist, →ISSN:

Antonyms

Synonyms

Translations (10)

gu કાળું નાણું ((India) illegal money) · te నల్లధనం ((India) illegal money) · ta கறுப்புப்பணம் ((India) illegal money) · my ငွေမည်း ((India) illegal money) · ta கள்ளப்பணம் ((India) illegal money) · de Schwarzgeld ((India) illegal money) · hi काला पैसा ((India) illegal money) · hi काला धन ((India) illegal money) · cmn 黑錢 /黑钱 ((India) illegal money) · pl brudne pieniądze ((India) illegal money)