grey market

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grey market

or

gray market

n
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
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.grey market - an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency
market, marketplace, market place - the world of commercial activity where goods and services are bought and sold; "without competition there would be no market"; "they were driven from the marketplace"
Translations
References in periodicals archive ?
Authenticateit is a complete traceability and serialization system built on industry standards (EPCIS) helping brands to address counterfeiting and grey imports of their products.
to grey imports for the Apple Watch, despite appeals from consumers across the
Nikon Fights Grey Imports with "Peace of Mind" Campaign.
Limited impact of government legislation/regulation in most of the Sub-Saharan African countries is leading to increased Grey Imports, with Nigeria being the largest market.
Until the recent flare-up, grey imports of cars into this market was under control," said Mohammad Khader, president of Al Majid Motors and the Kia dealer for the UAE.
Aston Martin has also globally applied a regional warranty, which protects individual dealers from cross-border sales or grey imports.
Specialist brokers can advise on how to get a better deal, especially if the car or driver is "non standard" - for example, for high performance cars and grey imports, or where drivers have a high risk job, live in a high risk area or have points on their licence.
A JAPANESE grey imports may look good value, but you'll have problems when you come to sell.
GREY imports are alive and well and being snapped up by yesterday's boy racers, according to a big insurance broker.
Youngsters who cut their motoring teeth by souping up second-hand superminis are graduating into high performance grey imports from Japan and the USA because they cost less than the equivalent cars bought second-hand through a franchised dealer.
Despite Sony's best efforts at blocking grey imports, a number of sellers are offering consoles from Japan and the USA and, so far, the record is pounds 1220 for a 60GB model.