grey market
The term "grey market" describes the sale of genuine goods through unauthorized channels, often leading to price discrepancies and potential quality issues.
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Definition
B2Business
(general)The sale of products through channels not authorized by the manufacturer.
Example
- Many electronic devices in the grey market are sold at lower prices than in official stores.
C1Finance
(technical)The trading of shares before they are officially listed on a stock exchange.
Example
- Investors engaged in grey market trading to buy shares before the company's IPO.
Similar
Terms that have similar or relatively close meanings to "grey market":
black marketsecondary marketdark marketprimary marketcurb marketshadow stockon the marketmass marketbear marketprice out of the market