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grey market

British  

noun

  1. a system involving the secret but not illegal sale of goods at excessive prices Compare black market

  2. stock exchange a market in the shares of a new issue, in which market makers deal with investors who have applied for shares but not yet received an allotment

  3. the market for goods and services created by older people with a comfortable disposable income and increased opportunities for spending it

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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See Examples For:

Exacerbating the problem are thieves looking to make a quick buck by stealing side mirrors of popular models like the Wagon R to sell in a thriving grey market, the dealers said.

From Reuters Feb. 18, 2022

“If you don’t trust medical providers, you should strongly reconsider your position even if only as a matter of personal health and preservation,” says the Solace entry about the grey market.

From The Verge May 19, 2021

Sadly, with the grey market use, clinics are happy to tout it as the “wonder drug” for individuals who have tried pretty much everything else.

From New York Times Nov. 30, 2018

There's quite a demand for Lush products imported on the grey market there, so the company is exploring how it might use this illicit trade to raise awareness of the issue.

From BBC Dec. 6, 2015

Macedonia has an   extensive grey market, estimated to be more than 20 percent of GDP,   that falls outside official statistics.

From The 2006 CIA World Factbook by United States. Central Intelligence Agency

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