Definition
A financial wizard who makes money by exploiting price differences across markets, basically the sophisticated cousin of the person who buys concert tickets cheap and sells them expensive. They're the reason your economics professor kept going on about market efficiency being impossible. Investment banks love them; everyone else thinks they're basically legalized scalpers in suits.
Example Usage
The arbitrageur made millions buying euros in London and selling them in New York before anyone noticed the spread.
Source: Financial industry terminology
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See “arbitrageur” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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