| 释义 |
gray market
gray marketn.1. The business of buying or selling goods, such as imports, at prices below those set by an official regulatory agency or at prices below those prevailing in an established market.2. The business of buying or selling securities that have not yet been officially issued and are not available through established brokers.
[gray + (black) market.]gray′ mar′ket
n. 1. a market operating within the law in which scarce goods are sold at above-market prices. 2. the selling of goods bought at a very large discount at prices substantially below the market price. Thesaurus| Noun | 1. | gray market - an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agencygrey marketmarket, marketplace, market place - the world of commercial activity where goods and services are bought and sold; "without competition there would be no market"; "they were driven from the marketplace" |
TranslationsGray market
Gray marketDescribes the sale of securities that have not officially been issued to firms other than the underwriting syndicate. This type of market serves as a good indicator of demand for a new issue in the public market.Gray MarketTrade using unofficial and unregulated, but still legal, means. In securities, a gray market typically refers to trade in bonds or stocks not yet issued. These sales are contingent upon the issuance actually taking place, and are sometimes considered benchmarks for how successful the issuance will be. Another example of a gray market is the pharmaceuticals industry, in which buyers in different countries sometimes pay very different amounts. Buyers in the more expensive country may travel to the other country to buy their medicines, creating a gray market.AcronymsSeeGMgray market
Synonyms for gray marketnoun an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agencySynonymsRelated Words- market
- marketplace
- market place
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