Definitions for grey market
grey mar·ket

Princeton's WordNetRate this definition:0.0 / 0 votes

1. grey market, gray marketnoun

   an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency

WiktionaryRate this definition:0.0 / 0 votes

1. grey marketnoun

   The buying and selling of goods through distribution channels other than those authorized or intended by the manufacturer or producer.

2. grey marketnoun

   The trading of shares before they are listed on the stock exchange.

3. Etymology: By analogy with black market

ChatGPTRate this definition:0.0 / 0 votes

1. grey market

   A grey market is a market in which goods or services are traded through distribution channels that are legal but unofficial, unauthorized, or unintended by the original manufacturer. This is often practiced when a product is sold in different countries for different prices. Grey market dealers import the product from low-priced countries and sell it in higher-priced countries. This market operates outside the brand's recognized channel and, while not illegal, can undermine the traditional marketplace.

WikidataRate this definition:0.0 / 0 votes

1. Grey market

   A grey market or gray market, also known as parallel market, is the trade of a commodity through distribution channels which, while legal, are unofficial, unauthorized, or unintended by the original manufacturer. The term gray economy, however, refers to workers being paid under the table, without paying income taxes or contributing to such public services as Social Security and Medicare. It is sometimes referred to as the underground economy or "hidden economy." The two main types of grey markets are those of imported manufactured goods that would normally be unavailable or more expensive in a certain country and unissued securities that are not yet traded in official markets. Sometimes the term dark market is used to describe secretive, unregulated trading in commodity futures, notably crude oil in 2008. This can be considered a third type of "grey market" since it is legal, yet unregulated, and probably not intended or explicitly authorized by oil producers.

Matched Categories

1. • Market

How to pronounce grey market?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say grey market in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of grey market in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of grey market in Pythagorean Numerology is: 6

Examples of grey market in a Sentence

1. Daniel Ahmad:

   This will always lead to core console players importing the grey market versions first.

2. Hristo Nikolov:

   Many of the Roma work on the grey market without contracts or steady employers, they cannot provide documents for their employment and now they cannot leave the neighborhood and earn a living.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=grey market
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Grey_Market
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=grey market