( grey markets)
Note: in AM, use 'gray market'
1.
Grey market goods are bought unofficially and then sold to customers at lower prices than usual. ( BUSINESS )
Grey-market perfumes and toiletries are now commonly sold by mail.
N-SING : oft N n , the N
2.
Grey market shares are sold to investors before they have been officially issued. ( BUSINESS )
At one point last week shares in the grey market touched 230p.
N-SING : oft N n , the N