What is the meaning of grey market?

noun

  • An unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). grey market. Retrieved September 22, 2026, from http://smartdefine.org/grey_market/definitions/1193410
ChicagoWordNet. 2010. "grey market" http://smartdefine.org/grey_market/definitions/1193410 (accessed September 22, 2026).
HarvardWordNet 2010, grey market, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/grey_market/definitions/1193410>.
MLAWordNet. "grey market" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/grey_market/definitions/1193410>