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gray market

NOUN
  1. an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency

How To Use gray market In A Sentence

  • Just wondering: does the "grayness" of a gray market camera pertain to the warranty coverage, or does gray refer to anything else? News: Digital Photography Review (dpreview.com)
  • Therefore, it is necessary to enhance a theoretical research on the gray market to guide transnational enterprises to protect against the attack of the gray market.
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