gray market

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  • noun

Synonyms for gray market

an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency

References in periodicals archive ?
Moreover, many suppliers have also failed to establish a consistent approach to pricing in international negotiations, which has in turn fuelled grey market trade and strained relationships.
Meanwhile, Freeserve shares were being quoted in a range of 209-216p in grey market trade with speculation that the offer, which closed yesterday, may be up to ten times oversubscribed.
Grey market trades are reported by broker-dealers to their Self Regulatory Organization ("SRO") and the SRO distributes the trade data to market data vendors and financial websites, such as Yahoo