gray market

(redirected from Grey Market Trade)
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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 ?
The decline was chiefly attributed to the pressure in the sector triggered by the entry into force of a set of restrictive requirements included in the Waste Management Act and the process of bringing into the light grey market trade in ferrous and nonferrous metals.
Ironic as this may seem, experts believe that a majority of resellers involved in grey market trade either do so because they are unaware of the harm it can cause to the brand and their own organisation or do so to make quick profits.
Summary: DUBAI - Al Futtaim Motors has formed dealer council to support dealer network and also curb grey market trade in genuine Toyota and Lexus parts.
These formal suppliers have always worked alongside an informal grey market trade, with Haitians with means to travel to the United States and Europe often purchasing perfume, makeup and other beauty products overseas where the prices are considerably lower than in the small number of Haitian shops carrying these lines.
It can also be used to track products throughout the logistics chain to counteract grey market trade and integrate customer retention and interaction programmes.