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Investments glossary

Grey Market


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Quotes of the day:

Truth may be stretched, but cannot be broken, and always gets above falsehood, as does oil above water.

— Miguel Cerbantes

A grey market is a market in which goods have been manufactured by or with the consent of the brand owner but are sold outside of the brand owner’s approved distribution channels—an activity that can be perfectly legal. In the securities markets, a grey market is a market wherein a company’s shares are traded before they are issued in an initial public offering (IPO).

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