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gray market vs market place

market place vs gray market

gray market and market place both are nouns.

Word NounAdjectiveVerbAdverb
gray market Yes No No No
market place Yes No No No
As nouns, market place is a hypernym of gray market; that is, market place is a word with a broader meaning than gray market:
  • gray market: an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency
  • market place: the world of commercial activity where goods and services are bought and sold
Other hypernyms of gray market include market, marketplace.
gray market (noun) market place (noun)
an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency the world of commercial activity where goods and services are bought and sold
an area in a town where a public mercantile establishment is set up
Difference between gray market and market place

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