Word of the Day: gray market definition

“Name me a company with a data center and I guarantee it’s used the gray market.” – David Dadian

Today’s WhatIs.com Word of the Day is gray market, a term used to describe unauthorized sales channels. It includes products you buy second-hand or refurbished products that aren’t guaranteed by the original equipment manufacturer (OEM). It also includes cheap, reverse-engineered products commonly referred to as knock-offs.  Gray market products are legal, but are often of inferior quality. When dealing with gray market products, it’s definitely buyer beware.