ARBITRAGE

I. noun Etymology: French, from Middle French, arbitration, from Old French, from arbitrer to render judgment, from Latin arbitrari, from arbitr-, arbiter Date: 1875 the nearly simultaneous purchase and sale of securities or foreign exchange in different markets in order to profit from price discrepancies, the purchase of the stock of a takeover target especially with a view to selling it profitably to the raider, II. intransitive verb (-traged; -traging) Date: 1900 to engage in ~