Translation of "the grey market" - English-Mandarin Chinese dictionary

the grey market

noun [ S ] uk /ˌɡreɪ ˈmɑː.kɪt/ us /ˌɡreɪ ˈmɑːr.kɪt/ mainly UK US usually the gray market

an unofficial but not completely illegal system in which products are bought and sold:

→ Compare black market

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.

(Translation of “the grey market” from the Cambridge English-Chinese (Simplified) Dictionary © Cambridge University Press)