the grey market Definition in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of “the grey market” - English Dictionary

"the grey market" in British English

See all translations

the grey marketnoun [S]

uk   /ˌɡreɪ ˈmɑː.kɪt/  us   /ˌɡreɪ ˈmɑːr.kɪt/ mainly UK (US usually the gray market)
an ​unofficial but not ​completelyillegalsystem in which ​products are ​bought and ​sold: The ​storesellsdesignerclothes and ​shoessourced from the ​greymarket.
Compare
buying and ​selling of a company's ​shares before they are ​availableofficially: First ​dealings in the company's ​shares will ​start on the ​greymarket on 27 ​March and ​formaltradingbegins on 2 ​April.
people over about 50, ​considered as a ​group to which ​products can be ​sold: Motorbike ​manufacturers are ​selling to the ​greymarket as much as to ​youngerpeople.
(Definition of the grey market from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"the grey market" in Business English

See all translations

the grey marketnoun [S]

UK (US the gray market) uk   us  
COMMERCE an ​unofficial but not ​illegalsystem of ​sellinggoods: The ​storesellsdesigner clothes and shoes ​sourced from the ​greymarket .
Compare
FINANCE the ​buying and ​selling of a company's ​shares before they are ​availableofficially: First ​dealings in the company's ​shares will ​start on the ​greymarket on March 27 and ​formaltrading begins on April 2.
MARKETING people over about 50, considered as a ​group to which ​products can be ​sold: Motorbike ​manufacturers are ​selling to the ​greymarket as much as to younger ​people.
(Definition of the grey market from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of the grey market?
Add Cambridge dictionaries to your browser to your website

“the grey market” in Business English

There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
by ,
April 27, 2016
by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

Read More 

Word of the Day

cracker

a thin, flat, hard biscuit, especially one eaten with cheese

Word of the Day

bio-banding noun
bio-banding noun
April 25, 2016
in sport, grouping children according to their physical maturity rather than their age ‘When we’re grouping children for sports, we do it by age groups, but the problem is that, within those age groups, we get huge variations in biological age,’ said Dr Sean Cumming, senior lecturer at the University of Bath’s department for

Read More