gray market

noun

Definition of gray market

: 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 But no one wants black or gray market transactions going on in front of their house. Washington Post, "In crime-battered Baltimore, a halt to some drug and prostitution prosecutions is causing fresh anxiety," 7 Nov. 2020 And these are suggested retail prices; a thirsty collector should expect to pay multiples on whiskey’s torrid gray market. Nicolas Stecher, Robb Report, "The Market for Ultra-Premium American Whiskey Is Booming. Here’s Why.," 27 Mar. 2021 The demand was so intense that a gray market sprang up for them. New York Times, "How to Buy a Real N95 Mask Online," 17 Feb. 2021 Some people have waited hours in lines, crossed state borders for better chances, and delved into an emerging gray market in order to get access to the vaccine. Laura Crimaldi, BostonGlobe.com, "Though virus has torn through correctional facilities, most prison workers are declining vaccines," 14 Feb. 2021 Ant was trading at a 50% premium in Hong Kong’s gray market for professional investors. Sofia Horta E Costa, Bloomberg.com, "China Punctuates Greater Market Freedoms With Tough Crackdowns," 2 Dec. 2020 Sheehy was still hunting for supplies on the gray market. Doug Bock Clark, New York Times, "Inside the Chaotic, Cutthroat Gray Market for N95 Masks," 17 Nov. 2020 Ontario residents spend on online gambling flows to gray market websites. Sandra Mergulhao, Bloomberg.com, "Online Gambling Firms Expect Ontario to Lift Key Operator Ban," 2 Nov. 2020 Reuters reports that popular gray market Chinese e-commerce sites Pinduoduo and Taobao have taken down all listings for Animal Crossing as of this morning. Kyle Orland, Ars Technica, "Amid in-game Hong Kong protests, Chinese retailers drop Animal Crossing sales," 10 Apr. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'gray market.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of gray market

1934, in the meaning defined above

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Time Traveler for gray market

Time Traveler

The first known use of gray market was in 1934

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Statistics for gray market

Last Updated

14 Apr 2021

Cite this Entry

“Gray market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gray%20market. Accessed 16 Apr. 2021.

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More Definitions for gray market

gray market

noun

Legal Definition of gray market

: 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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