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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:

While GLP-1s have undergone extensive human trials and are licensed by the MHRA, the UK's medicines watchdog, there is a "grey market" of other peptides emerging.

From BBC Feb. 28, 2026

While carmakers prefer importing their own vehicles, Beijing has been encouraging alternative channels, fuelling grey market growth.

From Reuters Jan. 10, 2019

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

Sure, you’ll need tickets, which have been sold out entirely for ages, but you can pick those up on the grey market for a cool $3,500 each.

From The Verge Feb. 1, 2018

Much of the extensive grey market   activity falls outside official statistics.

From The 2005 CIA World Factbook by United States. Central Intelligence Agency

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