Grey-market - Hutchinson encyclopedia article about Grey-market Printer Friendly
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grey market
(redirected from Grey-market)

   Also found in: Wikipedia 0.01 sec.

grey market

Dealing in shares using methods that are legal but officially frowned upon – for example, before issue and flotation – or in goods through distribution channels other than those authorized or intended by the manufacturer.



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However, in 2005 the international vendors' continuing efforts to develop the handset market in China's second-level and third-level cities, combined with the impact of fake-brand and grey-market handsets on sales in rural areas and smaller cities, put the Chinese vendors under heavy pressure.
And sometimes they're selling grey-market product -- legitimate software intended for sale in another country.
 
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