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.
Translations
References in periodicals archive ?
The drop in sales is likely attributable to higher domestic prices, slowdown in commercial transport and grey market sales.
- Analysis includes legal and grey market consoles and games, domestic consoles, and OTT boxes
Summary: Hyderabad (Telangana) [India], July 11 (ANI): The Directorate of Revenue Intelligence (DRI) seized over 962 kg of cannabis, worth around Rs 1.92 crore in the grey market, from a good carrier at Duddeda in Siddipet in the early hours of Wednesday and arrested two persons.
Summary: People fall into the counterfeit trap when they buy from the grey market.
"We sell oil at a recently discovered grey market using all of our capacities," he said, "This is not smuggling.
HP channel partners and loyal patrons can report any suspicious trade of grey market printing supplies via email at apj.anti-counterfeit@hp.com.
KARACHI -- Business volume in the currency market has fallen by 70 per cent in the last couple of months but the grey market has expanded its operation to large scale, said currency dealers.
The products will also be available in the grey market.
M2 EQUITYBITES-July 20, 2018-Pandora announces price reduction in China to limit grey market
Global Banking News-July 20, 2018-Pandora announces price reduction in China to limit grey market
Bargain-conscious families are saving almost 70 per cent on everyday essentials by buying grey market goods.
The government has been making some efforts to control grey market, but these efforts are mainly driven by the heightened security threats, terrorist activities and extortionist threats conducted through the use of unregistered cellphones.