Grey market

noun

Definitions

Noun
  1. 1
    The buying and selling of goods through distribution channels other than those authorized or intended by the manufacturer or producer.
  2. 2
    an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency wordnet
  3. 3
    The trading of shares before they are listed on the stock exchange.

Etymology

By analogy with black market.

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