2 definitions found
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
Arbitrage \Ar"bi*trage\, n. [F., fr arbiter to give judgment,
L. arbitrari.]
1. Judgment by an arbiter; authoritative determination.
[Archaic]
2. (Com) A traffic in bills of exchange (see Arbitration of
Exchange); also a traffic in stocks which bear differing
values at the same time in different markets.
From WordNet r 1.6 [wn]:
arbitrage
n : a kind of hedged investment meant to capture slight
differences in price; when there is a difference in the
price of something on two different markets the
arbitrageur simultaneously buys at the lower price and
sells at the higher price
v : practice arbitrage, as of stocks
more about arbitrage
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