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more about arbitrage
arbitrage |
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