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grey market

   Also found in: Financial, Wikipedia, Hutchinson 0.03 sec.
grey market
n
1. (Business / Commerce) a system involving the secret but not illegal sale of goods at excessive prices Compare black market
2. (Economics, Accounting & Finance / 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
ThesaurusLegend:  Synonyms Related Words Antonyms
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"


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Another powerful industry lobby group, the Canadian Advanced Technology Alliance, says the rise of a huge grey market would be a given and Canadian consumers will buy the memory and recording products they want from Web-based retailers in the U.
For real-time quotes, how to trade Grey Market and Pink Sheets stocks, how to protect yourself and additional stock information, please see www.
Estimates given, provides a distinction that for every appointed dealer there are about 30 grey market dealers.
 
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