• @[email protected]
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    fedilink
    281 month ago

    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.

    • @grillgamesh0028
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      101 month ago

      well, I’m one of today’s lucky 10 thousand! neat word, didn’t know that! :)

    • Zagorath
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      English
      21 month ago

      fwiw Wiktionary lists a second definition:

      (archaic) Arbitration.

      Dunno just how archaic that is, and perhaps if it’s more archaic in some dialects than others.