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grey market

NOUN
  1. an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency

How To Use grey market In A Sentence

  • Shares of unlisted companies in the grey market haven't traded since Friday, potentially hurting liquidity and the interests of as many as 500,000 investors, industry analysts said yesterday.
  • When Levi-Strauss took Tesco to court for selling its jeans at knock-down prices similar to those paid in the US, it won, because Tesco had sourced them on the grey market outside Europe.
  • Trading in the grey market last week indicated a price range of 38p to 41p, but the price on Monday will be five times higher to reflect a share consolidation on a one-for-five basis on the demerger.
  • Several companies have launched savings accounts aimed at what they call the grey market.
  • The Nigerian government, however, estimates that £5.5 million-worth of its crude is tapped by the gangs each week, and sold to international grey marketeers.
  • The growing importance of the ‘grey market’ has shattered the travel industry's traditional view of older clients and is forcing tour operators to take people over the age of 55 more seriously.
  • Link iphone is a hot product, we know that Asians love new gadget, so if Apple still slow in penetrate Asia market and with its policy deal only with one provider likes AT&T in US, we’ll see the grey market will keep increase or “similar” products from China will fill the Asia market — Good News in the One Million Missing iPhones - Bits Blog - NYTimes.com
  • It is entirely legitimate for companies to go to the grey market to exploit this arbitrage opportunity - so long as the transactions take place entirely within the EU.
  • As a Gibson employee wrote in an internal email about how the company could get Madagascar wood onto what it called the "grey market": "All legal timber and wood exports are prohibited because of widespread corruption and theft of valuable woods like rosewood and ebony. Gibson Guitar and Illegal Logging
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