gray market

noun

: a market employing irregular but not illegal methods
especially : a market that legally circumvents authorized channels of distribution to sell goods at prices lower than those intended by the manufacturer

Examples of gray market in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
You shouldn’t be worried as long as the filler is FDA-approved, purchased from a legitimate source (not gray market) and injected by a qualified professional. Carlos Wolf, Miami Herald, 19 June 2025 The city is moving aggressively to shut down the once-thriving gray market — a matter of public safety, and also essential for the legal medical cannabis industry to thrive. Anna Spiegel, Axios, 24 Apr. 2025 Additionally, appropriate pricing strategies can assist in mitigating some of the challenges associated with the gray market. Bhavesh Gupta, Forbes.com, 29 Apr. 2025 Mercenary spyware firms employ highly skilled engineers to either develop in-house or purchase software vulnerabilities from gray market firms, known as exploits or zero days, of which manufacturers of consumer devices and applications are not yet aware. Ronald J. Deibert, Foreign Affairs, 24 Apr. 2025 See All Example Sentences for gray market

Word History

First Known Use

1934, in the meaning defined above

Time Traveler
The first known use of gray market was in 1934

Browse Nearby Words

Cite this Entry

“Gray market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gray%20market. Accessed 24 Jun. 2025.

Legal Definition

gray market

noun
: a market employing irregular but not illegal methods
especially : a market that legally circumvents authorized channels of distribution to sell goods at prices lower than those intended by the manufacturer

More from Merriam-Webster on gray market

Last Updated: - Updated example sentences
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