narcodollar
- noun
- /ˈnɑrkoʊˌdɑlər/
- NSFW
:
narcodólar
- In Peru in particular, the black market is especially important in the context of narcodollars, the earnings of Peru's narcotics traffickers.
- supply of narcodollars
Examples
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These figures, when compared with the value of narcodollars entering Peru, demonstrate that virtually all of the black market supply of dollars does, indeed, come from coca and cocaine exports.
Academic text (1991) -
By putting downward pressure on the value of the dollar, the inflow of narcodollars makes Peruvian exports of legal products less competitive in world markets.
Academic text (1991) -
The third factor that is expected to influence the rate is the supply of narcodollars into the market.
Academic text (1991) -
The greater the supply of narcodollars, the lower the value of the Inti/dollar exchange rate expected in the black market.
Academic text (1991) -
Thus, for 1990, the final estimates of narcodollars supplying the black market may be under the estimates for the previous few years.
Academic text (1991) -
Money laundering can take place through many financial instruments and institutions, so the issue is much more complex than simply the process of depositing narcodollars in cash in Florida banks.
Academic text (1990) -
Because some of the narcodollars earned by Peruvian traffickers are probably not brought into the country, it is likely that a portion of the black market is supplied from other sources.
Academic text (1991) -
Participants (wholesale cambistas) in the black market estimated that the black market in 1988-89 was comprised largely of narcodollars.
Academic text (1991) -
In all, the various specifications show that the proxies for inflation in Peru relative to the United States, plus the flows of narcodollars, consistently explain most of the variation in the black market exchange rate between Peruvian Intis and US dollars.
Academic text (1991) -
The black market thrives on the circulation of narcodollars, which often undermines legitimate trade.
Synonyms
12
4.3
Money that someone gets through illegal or dishonest actions
Money in US dollars that comes from illegal drug sales
Surface Forms
Morphology
Etymology
Narcodollar joins the start narco-, from the word 'narcotic' which means 'drug', and dollar, the US money. So narcodollars are dollars earned from illegal drug activity, which is why the word means money from drug trafficking.