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black money
black moneyn. Income, as from illegal activities, that is not reported to the government for tax purposes. black money n 1. (Economics) that part of a nation's income that relates to its black economy 2. (Accounting & Book-keeping) any money that a person or organization acquires illegally, as by a means that involves tax evasion 3. (Government, Politics & Diplomacy) US money to fund a government project that is concealed in the cost of some other project black′ mon′ey
n. income earned surreptitiously and not reported to the government in an attempt to avoid paying taxes on it. [1965–70] Black Money
Black MoneyA scam in which the scammer attempts to convince a victim that black construction paper (or similar material) is in fact dyed money. Such scammers send e-mails stating that they have a large amount of money that has been dyed black to avoid customs. The scammer then asks the victim to pay for the chemicals to take off the dye in exchange for a percentage of the money. An alternate version of the scam involves actually showing the dyed "money" to a potential victim. It originated around 2000. |