Last Updated：2025/11/21

(business) The buying and selling of goods through distribution channels other than those authorized or intended by the manufacturer or producer.

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grey market

Source Word

grey market

Noun

Japanese Meaning

メーカーや生産者が公式に認めた流通経路以外で行われる商品の売買市場

The company discovered that a significant portion of its profits was being lost to the grey market.

その会社は、利益のかなりの部分が非正規流通によって失われていることを発見した。

Sense（1）

Sense（2）

(finance) The trading of shares before they are listed on the stock exchange.

grey markets

（ plural ）