Definition of "arbitrage" []

• The purchase of securities on one market for immediate resale on another market in order to profit from a price discrepancy. (noun)
• To be involved in arbitrage. (verb-intransitive)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Arbitrage tools: The term arbitrage is defined as a riskless transaction for the purposes of our due diligence."
• "At the same time it asserts that there will not actually be any opportunity to engage in arbitrage because markets are efficient."
• "SAFE said that not all the hot money in its estimates was for short-term arbitrage or represented illegal inflows, meaning money meant to evade controls or limits."