arbitrage

noun

1. (countable, uncountable)A market activity in which a security, commodity, currency or other tradable item is bought in one market and sold simultaneously in another, in order to profit from price differences between the markets.

   “But in recent years, for reasons we shall develop later, the field of "arbitrages and workouts" became riskier and less profitable.”

2. (archaic, countable, uncountable)Arbitration.

verb

1. (intransitive)To employ arbitrage

   “He has arbitraged by purchasing in one market and simultaneously selling the same or similar merchandise in another market.”

2. (transitive)To engage in arbitrage in, between, or among

   “Indeed, as banks become more adept at internal risk classifications, their incentives to arbitrage economic and regulatory capital can only increase”