noun judgment by an arbiter; authoritative determination.
2. arbitrage ·noun 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.
noun judgment by an arbiter; authoritative determination.
2. arbitrage ·noun 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.
Webster English vocab. Английский словарь Webster. 2012