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arbitrage
a r b i t r a g e hex:#97;#114;#98;#105;#116;#114;#97;#103;#101;
The Salt of the World?
- Arbitrage - n. - Judgment by an arbiter; authoritative determination.
- Arbitrage - n. - 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.