gray market

Definition of "gray market"
  1. A marketplace where goods or services are traded by unconventional, but not unlawful, methods
How to use "gray market" in a sentence
  1. The high demand for the product led to its widespread availability on the gray market.
  2. Due to supply issues, many businesses had no choice but to source items from the gray market.
  3. Their new brand name was immediately recognized and circulated in the gray market.

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