grey market

grey market
the grey market describes the purchase by intermediaries of product which is not supplied to them by the "authorized" distribution channel of the supplier. Thus, a warehouse club in Canada that sells a stereo bought in the U.S. or elsewhere from other than the manufacturer is supplying grey market goods. While grey market products are frequently the same as would be available from conventional channels in Canada, the grey market assumes responsibility for service or repair where the manufacturer declines this support.

Dictionary of automotive terms. 2015.

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  • grey market — grey markets (in AM, use gray market) 1) N SING: oft N n, the N Grey market goods are bought unofficially and then sold to customers at lower prices than usual. [TECHNICAL] Grey market perfumes and toiletries are now commonly sold by mail. 2) N… …   English dictionary

  • grey market — grey .market BrE gray market AmE n 1.) the system by which people buy and sell goods that are hard to find, in a way that is legal but not morally good or correct →↑black market 2.) technical a situation in which people are buying and selling… …   Dictionary of contemporary English

  • Grey market — Dark market redirects here. For the Internet forum, see DarkMarket. A grey market or gray market also known as parallel market[1] is the trade of a commodity through distribution channels which, while legal, are unofficial, unauthorized, or… …   Wikipedia

  • Grey Market — 1. A market where a product is bought and sold outside of the manufacturer s authorized trading channels. 2. The unofficial trading of a company s shares, usually before they are issued in an initial public offering (IPO). 1. For example, if a… …   Investment dictionary

  • grey market — Trading in a bond prior to the formal issue of the bond. Trading is completed on an if as and when issued basis. settlement takes place when the bond is finally issued. Dresdner Kleinwort Wasserstein financial glossary The market in a new issue… …   Financial and business terms

  • grey market — 1) Any market for goods that are in short supply. It differs from a black market in being legal. 2) A market in shares that have not been issued, although they are due to be issued in a short time. Market makers will often deal with investors or… …   Accounting dictionary

  • grey market — 1) Any market for goods that are in short supply. It differs from a black market in being legal. 2) A market in shares that have not been issued, although they are due to be issued in a short time. Market makers will often deal with investors or… …   Big dictionary of business and management

  • grey market — / greɪ ˌmɑ:kɪt/ noun 1. the unofficial legal buying and selling of scarce, highly priced goods ● If the government puts a ceiling on prices for these products the grey market will become a black market. 2. a market formed of people over 60 years… …   Marketing dictionary in english

  • Grey Market — Der Graue Markt (englisch grey market oder gray market ) bezeichnet einen Fluss von Gütern über Vertriebswege, die nicht vom Hersteller autorisiert sind. Anders als auf dem Schwarzmarkt sind Güter vom Grauen Markt nicht illegal. Sie werden… …   Deutsch Wikipedia

  • grey market trading — grey market trading/grey market dealing. This term has different meanings depending on the context in which it is used: In the context of securities generally, trading which takes place following a company s announcement of a securities issue,… …   Law dictionary

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