this post was submitted on 14 Aug 2024
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[–] [email protected] 28 points 1 month ago (3 children)

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 10 points 1 month ago

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

[–] [email protected] 6 points 1 month ago

Thanks for the correction. I'll leave my mistake to preserve continuity.

[–] [email protected] 2 points 1 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.