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WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebGray MarketDefinition: The gray market refers to the unauthorized sale and distribution of goods outside of official channels, usually by taking advantage of price differentials or geographic discrepancies. Senses:1. Noun: The illegal or unofficial trade of imported goods, especially electronics or luxury items, through unofficial channels. Example Sentence: The gray market for imported smartphones is thriving, with many people opting to purchase them online at lower prices. 2. Adjective: Describing goods or products that are legally produced but sold outside authorized distribution channels. Example Sentence: Lisa bought a gray market camera at a discounted price from an online retailer. Related Products: | ||||
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