arbitrage: Meaning and Definition of

ar•bi•trage

Pronunciation: (är'bi-träzh" for 1, 3 är'bi-trij for 2), [key]
— n., v., -traged, -trag•ing.
—n.
  1. the simultaneous purchase and sale of the same securities, commodities, or foreign exchange in different markets to profit from unequal prices.
  2. arbitration.
—v.i.
  1. to engage in arbitrage.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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