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The prospect of ample supply amid the opening of *abitrage* opportunities for western crude into Asia exerted
downward pressure on the oil market.
2007-01-18 20:31:30 · 2 answers · asked by Anonymous in Education & Reference ➔ Words & Wordplay
The correct word is 'arbitrage'.
It means the simultaneous buying and selling of a stock/commodity/other movable asset in two different markets in order to profit from the difference in price for the product in the two markets.
The price difference may be small but there could still be a profit to be made in the transactions after accounting for transaction costs, if the quantity involved is large enough.
2007-01-18 23:30:33 · answer #1 · answered by greenhorn 7 · 0⤊ 0⤋
Finance. the simultaneous purchase and sale of the same securities, commodities, or foreign exchange in different markets to profit from unequal prices.
Good Luck!!!
2007-01-19 04:53:50 · answer #2 · answered by Anonymous · 0⤊ 0⤋