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ar·bi·trage
 (är  b  -träzh  )
KEY
NOUN:
- The purchase of securities on one market for immediate resale on another market in order to profit from a price discrepancy.
intr.v.
ar·bi·traged
,
ar·bi·trag·ing
,
ar·bi·trag·es
- To be involved in arbitrage.
ETYMOLOGY:
Middle English, arbitration, from Old French, from arbitrer, to judge, from Latin arbitr r , to give judgment ; see
arbitrate
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