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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recently, Overton has been involved in drafting new policies for the use of peptides, short chains of amino acids that are available on the gray market but that, in many cases, have scant scientific evidence to support their safety or efficacy. Michael Scherer, The Atlantic, 24 July 2026 Injectable versions of peptides are already being sold widely online for everything from muscle recovery to longevity via the unregulated or gray market. Sara Moniuszko, USA Today, 24 July 2026 Proponents argue that the current Biden-era restrictions on compounding of the substances - due to safety concerns and a lack of data - have fueled a risky gray market of overseas suppliers. Will Stone, NPR, 23 July 2026 Allowing the peptides to be compounded, Kennedy has argued, would move people away from the gray market and toward safer products. Sara G. Miller, NBC news, 23 July 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 29 Jul. 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

More from Merriam-Webster on gray market

Love words? Need even more definitions?

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

More from Merriam-Webster