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Illicit may refer to: Illicit antiquities; Illicit cigarette trade; Illicit drug trade. Illicit drug use; Illicit Drug Anti-Proliferation Act; Illicit financial flows;
Illicit trade is the production or distribution of a good or service that is considered illegal by a legislature. [1] It includes trade that is strictly illegal in ...
Illegally trafficked small arms and light weapons captured by the United States Fifth Fleet, May 2021. Arms trafficking or gunrunning is the illicit trade of contraband small arms, explosives, and ammunition, which constitutes part of a broad range of illegal activities often associated with transnational criminal organizations.
Exaction refers not only to extortion or the demanding and obtaining of something through force, [2] [better source needed] but additionally, in its formal definition, means the infliction of something such as pain and suffering or making somebody endure something unpleasant. [3] [better source needed]
Illicit financial flows, in economics, are a form of illegal capital flight that occurs when money is illegally earned, transferred, or spent. This money is intended to disappear from any record in the country of origin, and earnings on the stock of illicit financial flows outside a country generally do not return to the country of origin.
Many recreational drugs are illicit; international treaties such as the Single Convention on Narcotic Drugs exist for the purpose of their prohibition. Etymology In English, the noun "drug" is thought to originate from Old French " drogue ", possibly deriving from " droge ( vate )" from Middle Dutch meaning "dry (barrels)", referring to ...
The classical model of drug cutting refers to the way that illicit drugs were diluted at each stage of the chain of distribution. [1]Drug markets have changed considerably since the 1980s; greater competition, and a shift from highly structured (and thus controlled) to greatly fragmented markets, has generated competition among dealers in terms of purity.
The legal definition of these occurs in the Customs Act of the country. Notably, some definitions define any 'undeclared' trafficking of currency and precious metal as smuggling. Smuggling is a cognizable offense in which both the smuggled goods and the goods are punishable.