Gray Market Definition

noun
A market, as for imported goods, operating outside the authorized system of distribution.
Webster's New World
The business of buying or selling securities that have not yet been officially issued and are not available through established brokers.
American Heritage
Alternative spelling of grey market.
Wiktionary
Synonyms:

Other Word Forms of Gray Market

Noun

Singular:
gray market
Plural:
gray-markets

Origin of Gray Market

  • gray (black) market

    From American Heritage Dictionary of the English Language, 5th Edition

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gray market