this post was submitted on 14 Aug 2024
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Arbitration. "Arbitrage" is when you buy something (such as a currency) and then immediately exchange it for a profit due to a discrepancy in rates.
well, I'm one of today's lucky 10 thousand! neat word, didn't know that! :)
Thanks for the correction. I'll leave my mistake to preserve continuity.
fwiw Wiktionary lists a second definition:
Dunno just how archaic that is, and perhaps if it's more archaic in some dialects than others.