Definitions for illicit trade
il·lic·it trade

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1. Illicit trade

   Illicit trade is the production or distribution of a good or service that is considered illegal by a legislature. It includes trade that is strictly illegal in different jurisdictions, as well as trade that is illegal in some jurisdictions but legal in others.Illicit trade can occur either in black markets or in legitimate markets. Some of the most important types of illicit trade include various forms of smuggling, the illegal drug trade, counterfeiting, human trafficking, the illicit tobacco trade, arms trafficking, illicit trafficking of cultural property, and various environmental crimes such as illegal wildlife trade, illegal logging and illegal fishing.

How to pronounce illicit trade?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say illicit trade in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of illicit trade in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of illicit trade in Pythagorean Numerology is: 5

Examples of illicit trade in a Sentence

1. Marise Payne:

   Australia is to send a P-8A Poseidon maritime patrol aircraft to Japan to contribute to the enforcement of United Nations Security Council resolutions in our region, the deployment supports the international campaign to address North Korea's illicit trade and associated networks.

2. Ambassador Vitaly Churkin:

   The profit derived by the Islamists from the illicit trade in antiquities and archaeological treasures is estimated at U.S. $150-200 million per year.

3. The United:

   The global trade in counterfeit and pirated goods undermines critical The United States innovation and creativity and harms American workers, this illicit trade also increases the vulnerability of workers involved in the manufacturing of counterfeit goods to exploitative labor practices, and the counterfeit goods can pose significant risks to the health and safety of consumers and workers around the world.

4. Treasury Secretary Steve Mnuchin:

   Treasury Department will continue to enforce our sanctions, and we are making Treasury Department explicitly clear that shipping companies employing deceptive tactics to mask illicit trade with North Korea expose themselves to great risk.

5. Judith Crist:

   What censorship accomplishes, creating an unreal and hypocritical mythology, fomenting an attraction for forbidden fruit, inhibiting the creative minds among us and fostering an illicit trade. Above all, it curtails the right of the individual, be he creator or consumer, to satisfy his intellect and his interest without harm. In our law-rooted society, we are not the keeper of our brother’s morals -- only of his rights.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Illicit_Trade