gray market

noun

Definition of gray market

  1. :  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

First Known Use of gray market

1934


Law Dictionary

gray market

noun

Legal Definition of gray market

  1. :  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

Learn More about gray market


Seen and Heard

What made you want to look up gray market? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

clear to the understanding

Get Word of the Day daily email!

WORD GAMES

Take a 3-minute break and test your skills!

  • istock-refers-to-this-as-a-tumble-of-strawberries-which-sounded-pretty-nice-to-us
  • Which is a synonym of garner?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!