Saturday, September 10, 2011

What exactly is a 'GREY MARKET' ?

Ive heard ppl saying tht u can buy stuff from the grey market . Em not rely sure though wht tht term means .|||*-grey market or gray market also known as parallel market,


is the trade of a commodity through distribution channels which,


while legal, are unofficial, unauthorized, or unintended by


the original manufacturer .......!





Hope this helps .... !!~鈽?br>




For more info, click on the link below :


http://en.wikipedia.org/wiki/Grey_market|||It's not exactly the black market, not selling anything that's really illegal or exclusive. Basically its the peasant or average-joe market. Selling simple things like antiques or old things. Mainly used by families or the poor. In Japan the grey markets became popular during the wars, and the rich were forced to sell all of their most prized possession.|||It's a market where people sell stuff for less than the official price. It's legal, even though the people who manufacture the goods haven't authorised it. It's the black market that's illegal.|||it's not a black market but it works like black market and it's legal .u can buy anything by any seller but seller will not give u any kind of guaranty and warranty .

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