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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:

However, players can sometimes get titles on the grey market via third-party sellers on e-commerce platforms.

From Reuters Sep. 3, 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

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

And then there are the "grey market" batteries and chargers some people buy on the cheap.

From BBC May 21, 2016

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

From The 2007 CIA World Factbook by United States. Central Intelligence Agency

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