a market operating within the law but charging prices substantially below list prices or those fixed by an official agency.
- Compare black market.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use gray market in a sentence
The problem isn’t that gray market goods won’t work, it’s that if something goes wrong, you won’t have a manufacturers’ warranty or support to fall back on.
While he said he will continue to submit bugs despite a higher payout on the gray market, other researchers probably won’t.Apple pays hackers six figures to find bugs in its software. Then it sits on their findings. | Reed Albergotti | September 9, 2021 | Washington Post
They’re not as popular in places where there are more thriving gray markets for trading and buying weapons because of more lax regulations on exchange.
Chris Barrett has made bank on the gray market selling pizza laced with THC.
In general, more women than men are employed in the informal economy or so-called gray markets—outdoor stalls and bazaars that are often unlicensed and unregulated but that provide an income for millions.The Coronavirus Pandemic's Outsized Effect on Women's Mental Health Around the World | Jeffrey Kluger | September 24, 2020 | Time
Then the gift card is shopped online in a gray market to collect cold currency.The Insane $11 Billion Scam at Retailers’ Return Desks | M.L. Nestel | December 19, 2014 | THE DAILY BEAST
Last year, as I began to conceive a novel, set in shadowy Istanbul, about the sale of a gray market antiquity worth millions.Writing a Novel: Even Making It Up Requires Research | Ridley Pearson | July 16, 2014 | THE DAILY BEAST
If the burgeoning gray market in political money is to be countered, a few things need to happen.The Answer to the McCutcheon Decision Is More Big Money in Politics | Jonathan Rauch | April 3, 2014 | THE DAILY BEAST