HyperDic: gray_market

English > 1 sense of the expression *gray market*:
NOUN	act	gray market, grey market	an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency

English > *gray market*: 1 sense > noun 1, act
Meaning	An unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency.
Synonym	grey market
Broader	market, marketplace, market place	The world of commercial activity where goods and services are bought and sold