Bible Dictionaries
Arbitrage
Webster's Dictionary
(1):
(n.) Judgment by an arbiter; authoritative determination.
(2):
(n.) 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.
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Bibliography Information
Webster, Noah. Entry for 'Arbitrage'. Noah Webster's American Dictionary. https://www.studylight.org/dictionaries/eng/web/a/arbitrage.html. 1828.