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 ?
Sharjah: Regulators in the UAE, and other Gulf countries, are lagging in their efforts to combat grey market business aviation, an industry executive has said.
The stallholders are not the only ones doing the selling: two Americans in the mall held a duffel bag with four iPads they had brought over from the United States in the hope of cashing in on the grey market boom.
The company confirmed that the discount perfumes were bought on the grey market, both inside and outside the EU.
International Motors is watching the activities of the grey market with foreboding and the Subaru Impreza Turbo, manufactured by Fuji Heavy Industries, has an unwelcome leading role.
The decision to establish the committee, which was made on Thursday during a meeting between the Ministry and the General Civil Aviation Authority (GC), comes as the industry is hampered by grey market activities.
They are concerned about the rising number of cars being brought into the UK on the grey market.
Asda claimed last month's European Court decision was "very unclear" about the so- called grey market.
Dubai: Buying an iPad Mini or iPad Air is cheaper in the UAE than in the US as Apple has become very aggressive in pricing in bid to counterattack the mushrooming grey market.