ar ‧ bi ‧ trage /ˈɑːbətrɑːʒ, ˈɑːbɪtrɑːʒ $ ˈɑːr-/ BrE AmE noun [uncountable] technical
[ Date: 1800-1900 ; Language: French ; Origin: arbitrer , from Latin arbitrari ; ⇨ ↑ arbitrate ]
the process of buying something such as raw materials or ↑ currency in one place and selling them immediately in another place in order to make a profit from the difference in prices
—arbitrageur /ˌɑːbətrɑːˈʒɜː, ˌɑːbɪtrɑːˈʒɜː $ ˌɑːrbətrɑːˈʒɜːr/ ( also arbitrager British English /ˈɑːbətrɑːʒə, ˈɑːbɪtrɑːʒə $ ˈɑːrbətrɑːʒər/) noun [countable]