| English Dictionary |
GRAY MARKET
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| IPA (US): |  |
Dictionary entry overview: What does gray market mean?
• GRAY MARKET (noun)
The noun GRAY MARKET has 1 sense:
1. an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency
Familiarity information: GRAY MARKET used as a noun is very rare.
Dictionary entry details
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
Classified under:
Nouns denoting acts or actions
Synonyms:
gray market; grey market
Hypernyms ("gray 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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