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单词 parallel market
释义

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parallel market
parallel market n. (a) a market in which stocks or other financial instruments may be traded with fewer restrictions than apply in the official market; (b) illicit trading in goods or foreign currency, evading normal economic regulations (cf. grey market n. and black market n.).
ΚΠ
1947 Jrnl. Business Univ. Chicago 20 78/1 The steady growth of the ‘parallel market’—newest euphemism for the despised but tolerated black market.
1975 Economist 12 Apr. 62 The growth of a huge parallel market. This is a world of private enterprise within the state system that can provide everything from a car wind~screen to a faked university degree.
2003 RAPID (Nexis) 13 June The current management of Chinese import quotas has led to the appearance of a parallel market for licenses, particularly for fertilisers and automobiles.
extracted from paralleln.adj.adv.
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