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LSDefine

Simple English definitions for legal terms

gray market

Read a random definition: gentium privatum

A quick definition of gray market:

A gray market is a place where people sell things in a sneaky way to avoid following the rules set by the manufacturer. They might sell things for cheaper than the normal price, but it's not always fair or legal. It's like when someone cuts in line to get something before everyone else. It's not nice or fair to the people who follow the rules.

A more thorough explanation:

A gray market is a market where the seller uses legal but sometimes unethical methods to sell goods at prices lower than those intended by the manufacturer. This often involves importing goods, especially electronics, from other countries and selling them at a lower price than the manufacturer's suggested retail price.

For example, a company may sell a new smartphone for $1000 in the United States, but a gray market seller may import the same phone from another country and sell it for $800. This can be attractive to consumers who want to save money, but it can also be risky because the warranty may not be valid in the buyer's country.

Gray markets can be controversial because they can hurt the manufacturer's profits and reputation. However, they can also provide consumers with access to products that may not be available in their country or that are too expensive through traditional channels.

gravatio | gray-market adoption

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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