Main difference between black and grey market?
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babette
Apprentice
Joined: 15 Jul 2007
Posts: 1
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 Posted: 05/21/08 - 07:27 Post subject: |
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| I was really surprised when my daughter brought this phrase from her school, because I have never heard about grey market, so far. I told her that it was most probably black market, but she denied it and she said that it was definitely the way she said it for the first time. Now I am confused, I see no reason for her to lie to me about this, but I have no idea if there is such thing as “the grey market” and if there is, what is the main difference between black and grey market? |
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darrick
Apprentice
Joined: 16 Aug 2007
Posts: 4
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| Posted: 06/19/08 - 23:57 Post subject: |
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| Yes, this term exists, and it is not very similar to the black market, although it looks like practically the same thing. I know that people often mention grey market while talking about trading with shares, these shares are just about to be issued or something like that… What’s mostly important, I think that the grey market is quite legal, which is not the case with the black market. These shares I’ve been talking about are usually cheaper, I think. |
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