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Gray Market |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.01 sec. |
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Gray market Describes 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 Market Trade 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Answer: Every bottle of Paul Mitchell in any bottle in the drug store or supermarket is either counterfeit, gray market or stolen. One group opposed to export for refurbishment is the Anti-Gray Market Alliance, recently renamed as the Alliance for Gray Market and Counterfeit Abatement (www. Second, Deere alleged infringement by European exporters and US importers and distributors of gray market John Deere forage harvesters and telehandlers designed for the European market but sold in the United States. |
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