Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

black market

Read a random definition: total breach

A quick definition of black market:

Term: BLACK MARKET

Definition: A black market is a secret and illegal way of buying and selling things. It is also called a shadow economy. People use the black market when they cannot buy or sell things legally, or when they want to avoid paying taxes or following rules. This is not a good thing to do because it is against the law and can be dangerous.

A more thorough explanation:

Definition: A black market is a type of market where goods or services are traded illegally. It is also known as a shadow economy.

Examples:

These examples illustrate the definition of a black market because they are all goods or services that are traded illegally. For example, illegal drugs are often sold on the black market because they are not legal to sell or purchase. Stolen goods are also commonly sold on the black market because they are obtained through illegal means. Counterfeit money is another example of a good that is traded on the black market because it is not legal tender. Finally, weapons are often sold on the black market because they are regulated and require a license to purchase legally.

black maria | black-market adoption

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
LSD+ is ad-free, with DMs, discounts, case briefs & more.