n.
The purchase of securities on one market for immediate resale on another market in order to profit from a price discrepancy.
intr.v., -traged, -trag·ing, -trag·es.
To be involved in arbitrage.
[Middle English, arbitration, from Old French, from arbitrer, to judge, from Latin arbitrārī, to give judgment. See arbitrate.]
The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.
