Arbitrage
Legal definition for Indian law research
Definition
arbitrage
[French, literally, arbitration, decision-making]
1 : the purchase of a security, commodity, or foreign currency in one market for the purpose of immediately selling it at a higher price in another market
2 : the purchase of the stock of a takeover target esp. for the purpose of selling it to the raider for a profit
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.