grey market
Word Rarity
Uncommon
Frequency: Zipf frequency 4.42 in modern English
20
Scrabble Score
10
Letters
3
Syllables
8
Unique Chars
Meaning
noun
The buying and selling of goods through distribution channels other than those authorized or intended by the manufacturer or producer.
noun
The trading of shares before they are listed on the stock exchange.
Example Sentences
- "The shortages have given rise to a grey market last seen shortly after the fall of the Soviet Union. According to Novaya Gazeta Europe, petrol is now openly advertised on Telegram and the marketplace website Avito, with sellers in Russian-occupied Crimea offering to deliver fuel by taxi within four hours at heavily inflated prices."
Etymology
By analogy with black market.