gray market

See synonyms for gray market on
  1. a market operating within the law but charging prices substantially below list prices or those fixed by an official agency.

Origin of gray market

First recorded in 1930–35; gray1 (in the sense “indeterminate or intermediate in character” + market

Words Nearby gray market Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use gray market in a sentence