Definitions
There is 1 meaning of the phrase
Gray Market.
Gray Market - as a noun
An unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency
Synonyms (Exact Relations)
grey marketExample Sentences
"The gray market for luxury watches is booming."
"Many consumers prefer to buy smartphones from the gray market."
"Companies lose substantial revenue due to gray market sales."
"The government is cracking down on the gray market for prescription drugs."
"Entrepreneurs find opportunities in the gray market for rare collectibles."
