| 单词 | grey market |
| 释义 | grey market grey market (AmE spelling gray grey market) noun [C, usually sing.]
1 (Stock Exchange ) the buying and selling of new shares before they are officially issued on the stock market: The unofficial grey market initially priced the shares between €2.89 and €2.96. The company's shares continued to fall on Wednesday in grey market trading.
2 (Economics ) the buying and selling of goods that have not been obtained from an official supplier, usually at a lower price than the official price: Grey market buyers can obtain goods up to 40% cheaper than through authorized channels. Almost all of the ‘amazing deals' found on the Internet are gray market products. ⇨ GREY (1), BLACK MARKET, PARALLEL (1) NOTE The grey market is legal but secret; the black market is illegal.
3 (also silver market) older people, when they are thought of as customers for goods; the goods that are produced for them or that they buy: The grey market is worth €46.4 billion and accounts for 12.3% of total retail spending. |
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