Meaning Of The Word Gray market

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Gray market Meaning

Gray market Definition
Gray market Definition

What's The Definition Of Gray market?

gray market
singular noun: Gray market goods are bought unofficially and then sold to customers at lower prices than usual.

gray market in American English
a market, as for imported goods, operating outside the authorized system of distribution
noun: a market operating within the law but charging prices substantially below list prices or those fixed by an official agency

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