parallel imports Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “parallel imports” in the English Dictionary

"parallel imports" in British English

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parallel importsnoun [plural]

uk   us   UK specialized
products that are ​boughtunofficially in ​foreigncountries by ​companies or ​people who then ​sell them more ​cheaply than ​usual in ​their own ​countries: The ​tobaccoindustryloses millions every ​yeardue to ​parallelimports.
(Definition of parallel imports from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)
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