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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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References in periodicals archive ?
It was mentioned at the meeting that such restrictions were imposed to tackle grey imports, he said.
'My special commendation goes to Dangote Sugar and Pasta customers who, despite the price challenges posed by the influx of unlicensed and substandard grey imports stood by us.
Furthermore, it sates that in addition to coping up with the economic slowdown in parts of the region, the sector is facing challenges like a shortage of a skilled workforce, grey imports, high competition and currency fluctuations.
However, this brand suffered from supply issues, with availability only via grey imports and overseas online purchases even by the end of July 2015.
to grey imports for the Apple Watch, despite appeals from consumers across the
The real challenge for the Japanese imaging major in India has been the parallel grey imports, which have been fuelled by high duties.
Nikon Fights Grey Imports with "Peace of Mind" Campaign.
"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. "This warranty will be a very strong factor for all the new cars delivered from Aston Martin Dubai," said Trenker.
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.
HoloPrint images can help secure a multitude of consumer products, cards, tickets, and garments against counterfeiting or so-called "grey imports." HoloPrint offers print widths of 340 mm (13 1/2") and 420 mm (16 1/2").