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grey market

Word family
ˈgrey ˌmarket British EnglishBrE, gray market American English noun [countableC]  
1. the system by which people buy and sell goods that are hard to find, in a way that is legal but not morally good or correct 灰色市场〔买卖稀缺商品的市场,灰市交易不算违法,但有违道德〕 black market
2. technical a situation in which people are buying and selling shares just before they are officially made available to be sold for the first time 灰市,暗盘市场〔在股票正式上市之前进行的交易〕
Examples from the Corpus
From Longman Business Dictionary
grey marketˈgrey ˌmarket British EnglishBrE, gray market American EnglishAmE [countableC]FINANCE
1the buying and selling of shares just before they are officially ISSUED (=made available and sold for the first time)
If a grey market price drifts too low, buyers will spring up to correct it.
2when goods are bought from someone abroad who is not an official supplier and then sold at a price which is lower than that charged for goods from an official supplier
The manufacturer warranty may not be valid on grey market products.
market
ˈgrey ˌmarket noun
Chinese
Syllable
Corpus

See also: grey market


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