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
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Nevertheless, reports indicate that gray market resellers are utilizing entities registered outside China to purchase servers incorporating Nvidia’s latest offerings from companies based in several countries, such as Singapore, Malaysia, Taiwan, and Vietnam. Trefis Team, Forbes, 5 Mar. 2025 And of the many unlicensed home care aides who work in gray market, many are immigrants, including many who are undocumented. Howard Gleckman, Forbes, 15 Jan. 2025 There are also active gray markets on Chinese apps and e-commerce platforms in Southeast Asia, where popular and rare dolls sell at several times their original prices. Lionel Lim, Fortune Asia, 20 Dec. 2024 That said, even though the American magazine tested the car, U.S. buyers would never be able to buy a 288 GTO direct from Ferrari; all imports were handled through the gray market. Will Sabel Courtney, Robb Report, 11 Dec. 2024 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 12 Mar. 2025.

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

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