gray market

  

Definitions (2)

1.Genuine branded goods (called 'gray goods') sold outside of an authorized sales-territory (or by non-authorized dealers in an authorized territory) at prices lower than being charged in authorized sales territories (or by authorized dealers).
2.Market comprising of consumer over the age of 60.

Use gray market in a sentence

  • When you are dealing int he gray market you need to make sure that you have a good relationship with the other party.

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  • The gray market was better for us because it was cheaper and that made us all save a lot more money for other stuff.

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  • Most of the products advertised on National Public Radio (NPR) can be classified as gray market goods, since they are targeted at NPR's older demographic.

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