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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 major; Illicit minor; Illicit trade; Illicit work; Illicit Streetwear clothing company; Illicit (Dance music group) Illicit, a film starring Barbara Stanwyck
Valid but illicit or valid but illegal (Latin: valida sed illicita) is a description applied in the Catholic Church to describe either an unauthorized celebration of a sacrament or an improperly placed juridic act that nevertheless has effect. Validity is presumed whenever an act is performed by a qualified person and includes those things ...
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 different jurisdictions, as well as trade that is illegal in some jurisdictions but legal in others. [2] Illicit trade can occur either in black markets or in
Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, underground sex work, terrorism, corruption, embezzlement, and treason, and converting the funds into a seemingly legitimate source, usually through a front organization.
Extortion is a common law crime in Scotland of using threat of harm to demand money, property or some advantage from another person. It does not matter whether the demand itself is legitimate (such as for money owed) as the crime can still be committed when illegitimate threats of harm are used. [7] [8]
The illegal drug trade, drug trafficking, or narcotrafficking is a global black market dedicated to the cultivation, manufacture, distribution and sale of prohibited drugs. Most jurisdictions prohibit trade, except under license , of many types of drugs through the use of drug prohibition laws .
Illegal products most often carried chemicals on the state's 66-chemical screening list — supporting a common belief that products that fail the state test are diverted to the illicit market.
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.