What is gray market? - Definition from WhatIs.com
Part of the Personal computing glossary:

The gray market (sometimes spelled as "grey market") is the collective system of unauthorized sales channels for products. 

Gray market products may be less expensive than those bought through official distribution channels but are sometimes inferior. The products may be counterfeit or have counterfeit parts, for example; they may be second-hand products or contain second-hand components that are represented as new. In some cases, gray market products are authentic but distributed illegally, perhaps to exploit variations in costs and prices in different parts of the world. Warranties, updates or other support are usually not available for gray market products.

The term gray market reflects the somewhat ambiguous middle-ground between the completely legal products sold on the white market and the clearly illegal products sold on the black market. 

In the stock market, the gray market involves the trading of new issues of shares before they're officially available. In this context, the gray market is also sometimes referred to as the parallel market. 

This was last updated in September 2012
Contributor(s): Ivy Wigmore
Posted by: Margaret Rouse

Related Terms


  • GPS coordinates

    - GPS coordinates are a unique identifier of a precise geographic location on the earth, usually expressed in alphanumeric characters. (WhatIs.com)

  • pseudonymity

    - Pseudonymity is the near-anonymous state in which a user has a consistent identifier that is not their real name: a pseudonym. In pseudonymous systems, real identities are only available to site ad... (WhatIs.com)

  • pseudo-anonymity

    - Pseudo-anonymity is the appearance – but not the reality--of anonymity online. Most often, pseudo-anonymity enables anonymous posting and commenting. (WhatIs.com)


  • Personal computing

    - Terms related to personal computers, including definitions about computers sold as consumer products and words and phrases about laptops, tablets and smartphones.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Ask a Question. Find an Answer.Powered by ITKnowledgeExchange.com

Ask An IT Question

Get answers from your peers on your most technical challenges

Ask Question

Tech TalkComment



    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.