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Bible Dictionaries
Arbitrage

Webster's Dictionary

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(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.

Bibliography Information
Webster, Noah. Entry for 'Arbitrage'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​a/arbitrage.html. 1828.
 
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