English

Definition of arbitrage noun from the Oxford Advanced Learner's Dictionary

 

arbitrage

 noun
noun
BrE BrE//ˈɑːbɪtrɑːʒ//
 
, BrE//ˈɑːbɪtrɪdʒ//
 
; NAmE NAmE//ˈɑːrbətrɑːʒ//
 
[uncountable] (business)
 
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the practice of buying something (for example, shares or foreign money) in one place and selling it in another place where the price is higher Word Origin late Middle English (originally denoting the exercise of individual judgement): from French, from arbitrer ‘give judgement’, from Latin arbitrari from arbiter ‘judge, supreme ruler’. The current sense dates from the late 19th cent.
See the Oxford Advanced American Dictionary entry: arbitrage