/ English Dictionary |
GREY MARKET
Pronunciation (US): | ![]() | (GB): | ![]() |
I. (noun)
Sense 1
Meaning:
An unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency
Synonyms:
gray market; grey market
Classified under:
Nouns denoting acts or actions
Hypernyms ("grey market" is a kind of...):
market; market place; marketplace (the world of commercial activity where goods and services are bought and sold)
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