grey market(redirected from Gray-market)
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1. (Commerce) a system involving the secret but not illegal sale of goods at excessive prices. Compare black market
2. (Stock Exchange) stock exchange a market in the shares of a new issue, in which market makers deal with investors who have applied for shares but not yet received an allotment
3. (Economics) the market for goods and services created by older people with a comfortable disposable income and increased opportunities for spending it
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|Noun||1.||grey market - an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency|