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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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In the grey market, LIC shares were trading at a discount of nearly 15 rupees compared with a premium of nearly 100 rupees earlier this month.

From Reuters May 17, 2022

The first is the resellers: scanner monkeys like Stine, along with their cousins the product diverters, re-importers, and grey market tycoons.

From The Verge Dec. 19, 2018

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

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

From BBC May 21, 2016

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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