Grey Area

Business, Legal & Accounting Glossary

Definition: Grey Area

Full Definition of Grey Area

A grey area of the law is one in which the law is not entirely clear because there is conflicting case law or because the law in the area has not been decided in a long time making its applicability dubious. This may occur where there is a persuasive authority to the contrary perhaps from obita dicta or because the case originated in another jurisdiction.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Grey Area. Payroll & Accounting Heaven Ltd. October 16, 2021
Chicago Manual of Style (CMS):
Grey Area. Payroll & Accounting Heaven Ltd. (accessed: October 16, 2021).
American Psychological Association (APA):
Grey Area. Retrieved October 16, 2021, from website:

Definition Sources

Definitions for Grey Area are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th April, 2020 | 2 Views.