the grey pound Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “the grey pound” in the English Dictionary

"the grey pound" in Business English

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the grey poundnoun [S]

uk   us   UK (US the gray dollar) ECONOMICS, MARKETING
the ​money that older ​people as a ​group have ​available to ​spend in an ​economy : Planning ​authorities have to take into ​account the ​increasingeconomicimportance of the ​greypound.
(Definition of the grey pound from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “the grey pound”
in Chinese (Simplified) 灰镑(老年人手中可支配的钱)…
in Chinese (Traditional) 灰鎊(老年人手中可支配的錢)…
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