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lawful market
[ˈlɔːfəl ˈmɑːrkɪt]
noun
pl: lawful markets
mercado lícito
1.
A market or commercial activity that operates in compliance with all applicable laws and regulations
The company operates exclusively in the lawful market, following all regulatory requirements.
A empresa opera exclusivamente no mercado lícito, seguindo todos os requisitos regulatórios.
2.
A legitimate marketplace where goods and services are traded legally without contravening any statutes
They transitioned their business from underground operations to the lawful market.
Eles transicionaram seu negócio de operações clandestinas para o mercado lícito.
Synonyms
legitimate market
legal market
regulated market
formal market
authorized market
Antonyms
illicit market
black market
underground market
unlawful market
illegal market
Regional Variations
General Brazilian
mercado lícito
Standard term used in business and legal contexts
São Paulo
mercado legal
Common alternative in commercial and financial sectors
Portugal
mercado lícito
Formal legal and regulatory terminology
Related Idioms & Phrases
operate in the lawful market
enter the lawful market
transition to the lawful market
above board
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