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
Examples of gray market in a Sentence
Recent Examples on the Web
Sans introduced the elephant in the room — the gray market — which has fueled revenues for independent retailers for the past 10 years.
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Martino Carrera, WWD, 3 Sep. 2019
Keep in mind that these data exclude hundreds of thousands of unlicensed, gray market personal care aides.
—Howard Gleckman, Forbes, 26 Sep. 2024
That’s because the cannabis industry is, and has been, in the process of transitioning from a black market — and a gray market — into a highly regulated, highly transparent industry.
—Dustin Eide, Rolling Stone, 7 Aug. 2024
In 2022, the company estimated that the IT gray market was costing the Cisco channel $1.2 billion per year.
—Scharon Harding, Ars Technica, 3 May 2024
See all Example Sentences for gray market 
Martino Carrera, WWD, 3 Sep. 2019
Keep in mind that these data exclude hundreds of thousands of unlicensed, gray market personal care aides.
—Howard Gleckman, Forbes, 26 Sep. 2024
That’s because the cannabis industry is, and has been, in the process of transitioning from a black market — and a gray market — into a highly regulated, highly transparent industry.
—Dustin Eide, Rolling Stone, 7 Aug. 2024
In 2022, the company estimated that the IT gray market was costing the Cisco channel $1.2 billion per year.
—Scharon Harding, Ars Technica, 3 May 2024
See all Example Sentences for gray market
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'gray market.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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Cite this Entry
“Gray market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gray%20market. Accessed 5 Nov. 2024.
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