gray market

noun

Synonyms of gray marketnext
: a market employing irregular but not illegal methods
especially : a market that legally circumvents authorized channels of distribution to sell goods at prices lower than those intended by the manufacturer

Examples of gray market in a Sentence

Recent Examples on the Web
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But, as the NYT notes, though the 14 peptides were technically restricted by the government (meaning compounding pharmacies were not allowed to produce them), consumers could still purchase them via the online gray market and play doctor from the comfort of their kitchen. Kara Nesvig, Allure, 11 May 2026 And the gray market fad worries him. Asaf Elia-Shalev, Sun Sentinel, 21 Apr. 2026 Peptide proponents Kennedy, who has no background in science or medicine, has repeatedly championed peptides and touted his use of the unproven drugs, which are currently available on the black and gray markets. Beth Mole, ArsTechnica, 16 Apr. 2026 But the group argues the public would be safer if peptides were handled by regulated compounding pharmacies instead of the gray market. Anjeanette Damon, ProPublica, 3 Apr. 2026 See All Example Sentences for gray market

Word History

First Known Use

1934, in the meaning defined above

Time Traveler
The first known use of gray market was in 1934

Browse Nearby Words

Cite this Entry

“Gray market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gray%20market. Accessed 12 May. 2026.

Legal Definition

gray market

noun
: a market employing irregular but not illegal methods
especially : a market that legally circumvents authorized channels of distribution to sell goods at prices lower than those intended by the manufacturer

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