Definition of Gray Market
(noun) A market for goods or services that are in short supply.
Gray Market Pronunciation
Syllabification: gray mar·ket
- American English – /grAY mAHR-kuht/
- British English – /grAY mAHk-it/
International Phonetic Alphabet
- American English – /greɪ ˈmɑrkət/
- British English – /greɪ ˈmɑːkɪt/
- Plural: gray markets
- A gray market is different than a black market in that a gray market is legal and a black market is not.
- Variant spelling: grey market
- allocation of resources
- market economy
- market exchange
Oxford University Press. (N.d.) Oxford Dictionaries. (https://www.oxforddictionaries.com/).
Wikipedia contributors. (N.d.) Wikipedia, The Free Encyclopedia. Wikimedia Foundation. (https://en.wikipedia.org/).
Wiley. (N.d.) Wiley Online Library. (http://onlinelibrary.wiley.com/).
Cite the Definition of Gray Market
ASA – American Sociological Association (5th edition)
Bell, Kenton, ed. 2015. “gray market.” In Open Education Sociology Dictionary. Retrieved May 29, 2023 (https://sociologydictionary.org/gray-market/).
APA – American Psychological Association (6th edition)
gray market. (2015). In K. Bell (Ed.), Open education sociology dictionary. Retrieved from https://sociologydictionary.org/gray-market/
Chicago/Turabian: Author-Date – Chicago Manual of Style (16th edition)
Bell, Kenton, ed. 2015. “gray market.” In Open Education Sociology Dictionary. Accessed May 29, 2023. https://sociologydictionary.org/gray-market/.
MLA – Modern Language Association (7th edition)
“gray market.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2015. Web. 29 May. 2023. <https://sociologydictionary.org/gray-market/>.