Definition of grey market in English:

grey market

(US gray market)

noun

  • 1An unofficial market in goods that have not been obtained from an official supplier.

    ‘you can easily get these phones on the grey market’
    as modifier ‘grey-market imports flooded the country to meet demand’
    • ‘Distribution also is a factor, as there may be a gray market of secondary distributors.’
    • ‘We can assure people who bought consoles on the grey market that we're not going to be going after them.’
    • ‘The sole purpose of such restrictive distribution is to charge punters more money than would be otherwise possible in a grey market.’
    • ‘More than half a million mobile phones bought in Britain have disappeared overseas to be re-sold on the grey market.’
    • ‘They sell second-hand parts either to computer assemblers in the grey market or to buyers directly at the weekly Sunday bazaar.’
    • ‘Out of concern about gray market and price-cutting activities, the company will no longer allow its gear to be sold on the Net.’
    • ‘Supermarkets were preparing to flood hundreds of British stores with cut-price designer goods bought on the grey market.’
    • ‘The theft highlights the growing grey market for mobile phones.’
    • ‘Grey markets exist where companies maintain differential pricing.’
    • ‘A six-week investigation by BusinessWeek found a thriving gray market in professional-grade hair-care goods.’
    1. 1.1Stock Market The buying and selling of securities before they are officially issued on the stock market.
      ‘the company recently sold for $2.75 a share on the grey market’
      • ‘The firm started its investor roadshow last week and will launch its shares on the grey market from May 8.’
      • ‘Shares in the grey market are trading at the lower end of the float range.’
      • ‘Shares in the co-operative, which has a 14.8 million euro turnover, have been trading in a grey market for close to 40 euros a share.’
      • ‘In recent months, unlisted high-technology companies have been the focus of the grey market's investors.’
      • ‘The so-called 'grey market' thus offers the prospect of above-average long-term earnings growth.’