GREY MARKET


Meaning of GREY MARKET in English

( NAmE usually ˌgray ˈmarket ) noun [ usually sing. ]

1.

a system in which products are imported into a country and sold without the permission of the company that produced them

2.

( BrE ) old people, when they are thought of as customers for goods

Oxford Advanced Learner's English Dictionary.      Оксфордский английский словарь для изучающик язык на продвинутом уровне.