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                                      
            
            Love words? Need even more definitions?
  
  Merriam-Webster unabridged




Share