ARBITRAGE
Scrabble letter values: A1R1B3I1T1R1A1G2E1 = 12
Definition
- verb practice arbitrage, as in the stock market.
- noun a kind of hedged investment meant to capture slight differences in price.
Examples
- “when there is a difference in the price of something on two different markets the arbitrageur simultaneously buys at the lower price and sells at the higher price”