Grey Market/gray Market

Grey Market/gray Market,

How To Define Grey Market/gray Market?

In marketing and business, the gray market is the supply of authorized products through non-government channels, for example, the availability of branded items on the Internet through non-government retailers. It is also called parallel market or product exchange. This clause does not apply to counterfeit products. This refers to unofficial and partially illegal distribution and the availability of genuine, government-branded products. The term refers to the old term black market and is often used or analyzed from the point of view of producers who generally view the gray market as a threat to their sales and pricing strategies. The term gray market is broadly and specifically defined, including the substantial availability of products that have been moved from one international sales area to another.

Literal Meanings of Grey Market/gray Market

Grey:

Meanings of Grey:
  1. A medium color between black and white, such as gray or lead.

  2. Uninteresting or boring and indefinite.

  3. (Financial or commercial activities) are not included in official statistics.

  4. In relation to mixed race areas

  5. Gray or oil.

  6. Gray thing or animal, especially gray or white horse.

  7. Hair (especially hair) turns gray with age.

Sentences of Grey
  1. Gray flannel pants

  2. Faceless gray man

  3. Parallel economy

  4. The gray suburbs of Cape Town.

  5. Half dirty gray

  6. Weight gain and gray.

Synonyms of Grey

neutral, drawn, pearly, waxen, sapped, peaked, bland, dull, washed-out, pale, deathlike, hoary, silver, pallid, anonymous, boring, unofficial, unimaginative, ashen, greyish

Market:

Meanings of Market:
  1. Regular meetings of people to buy and sell goods, livestock and other products.

  2. The area or environment in which business transactions take place.

  3. Advertise or promote (something).

Sentences of Market
  1. They want to do market research.

  2. The UK market is in recession.

Synonyms of Market

put up for sale, vend, peddle, hawk, merchandise, trade, sell, retail, advertise, promote, offer for sale

Gray:

Meanings of Gray:
  1. American Orthographic Gray.

  2. SI unit of absorbed ionizing radiation dose, equivalent to one joule per kilogram.

  3. A medium color between black and white, such as gray or lead.

  4. Uninteresting or boring and indefinite.

  5. (Financial or commercial activities) are not included in official statistics.

  6. With reference to mixed race areas

  7. Gray or oil.

  8. Gray thing or animal, especially gray or white horse.

  9. Hair (especially hair) turns gray with age.

Sentences of Gray
  1. Gray flannel pants

  2. Faceless gray man

  3. Parallel economy

  4. The gray suburbs of Cape Town.

  5. Half dirty gray

  6. I'm gaining weight and a little gray.

Synonyms of Gray

jejune, anaemic, leaden, pearly, pearl-grey, sickly, sallow, unremarkable, sapped, sooty, silvery, back-door, pasty, silver, irregular, wishy-washy, smoky, chalky, deathlike, unimaginative, greyish, smoke-grey, colourless, lifeless, deathly, faceless, tedious