Grey market

1. Competition law.

Trade in manufactured goods which are bought and sold outside of the original manufacturer's officially authorized and intended trading channels.

For example, parallel trading where importers bring branded goods into a market from other markets where they can be sourced more cheaply.

2. Securities trading.

Securities trading following an announcement of a securities issue, but before the issue of the securities.

See also

• Black market
• Issue
• OEM
• Recommerce
• Security