the grey market definition, meaning - what is the grey market in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “the grey market”

the grey market

noun [S] uk   us   mainly UK (US usually the gray market)
an unofficial but not completely illegal system in which products are bought and sold: The store sells designer clothes and shoes sourced from the grey market.
Compare
buying and selling of a company's shares before they are available officially: First dealings in the company's shares will start on the grey market on 27 March and formal trading begins on 2 April. people over about 50, considered as a group to which products can be sold: Motorbike manufacturers are selling to the grey market as much as to younger people.
(Definition of the grey market from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
What is the pronunciation of the grey market?
Add Cambridge dictionaries to your browser to your website

Definitions of “the grey market” in other dictionaries

Word of the Day

generous

willing to give money, help, kindness, etc., especially more than is usual or expected

Word of the Day

She’s got very good posture. (How we stand and sit)

by Kate Woodford,
May 27, 2015
Recently on this blog, we looked at the words that we use to describe the way we move. This week we’re looking at words for describing our bodies when they are still, whether we are standing or sitting. Since most of us do far too much of this, let’s start with sitting.

Read More 

ebolaphobia noun

June 01, 2015
irrational fear of the (spread of) the Ebola virus Ebolaphobia Going Viral

Read More