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What (who) is grey market - definition
TRADE OF GOODS OUTSIDE THE ORIGINAL PRODUCER'S AUTHORIZED DISTRIBUTION CHANNEL
Gray market; Gray import; Grey-market; Grey markets; Gray markets; Grey imports; Shadow Economy; Gray-market; Grey-markets; Dark market; Dark markets; User:King of Hearts/Notepad/Product diversion; Product diversion; Parallel market; Grey market goods; Grey goods
![Milk-powder runners queuing outside [[Sheung Shui station]], near the [[Hong Kong]] border](https://commons.wikimedia.org/wiki/Special:FilePath/Parallel goods traders queuing outside SHS Exit C.JPG?width=200 "Milk-powder runners queuing outside [[Sheung Shui station]], near the [[Hong Kong]] border")
grey market
(grey markets)
Note: in AM, use 'gray market'
1.
Grey market goods are bought unofficially and then sold to customers at lower prices than usual. (BUSINESS)
Grey-market perfumes and toiletries are now commonly sold by mail.
N-SING: oft N n, the N
2.
Grey market shares are sold to investors before they have been officially issued. (BUSINESS)
At one point last week shares in the grey market touched 230p.
N-SING: oft N n, the N
grey goods
¦ plural noun computing equipment. Compare with brown goods, white goods.
Charles Grey, 5th Earl Grey
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ENGLISH NOBLEMAN (1879-1963)
Charles Robert Grey, 5th Earl Grey; 5th Earl Grey; Mabel Grey, Countess Grey
Charles Robert Grey, 5th Earl Grey DL (15 December 1879 – 2 April 1963), styled Viscount Howick between 1894 and 1917, was an English nobleman, the son of Albert Grey, 4th Earl Grey.
Wikipedia
Grey market
A grey market or dark market (sometimes confused with the similar term "parallel market") is the trade of a commodity through distribution channels that are not authorized by the original manufacturer or trade mark proprietor. Grey market products (grey goods) are products traded outside the authorized manufacturer's channel.
Examples of use of grey market
1. They even claim that Sony‘s own staff have been buying PSPs from grey market retailers.
2. However, they have been able to get arms on the international grey market.
3. "Due to various governmental impositions on Internet Service Providers (ISPs), the grey market has come into play and around 60 per cent of all long distance calls are from the grey market," says Sawhney.
4. They just push people abroad or out in the grey market in order to have a nice ethical position.
5. The reduction in arbitrage in international incoming calls would give less incentive for ILD grey market, it added.