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Definition of arbitrage noun from the Oxford Advanced American Dictionary

 

arbitrage

 noun
noun
NAmE//ˈɑrbəˌtrɑʒ//
 
[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
NAmE//ˌɑrbətrɑˈʒər//
 
(also arbitrager
NAmE//ˈɑrbəˌtrɑʒər//
 
)
noun one of Wall Street's most famous arbitrageurs
See arbitrage in the Oxford Advanced Learner's Dictionary