;Posted on 12/18/2013 5:29:09 AM PST by TruthShallSetYouFree
Word For The Day, Wednesday, December 18, 2013-- arbitrage
;In order that we might all raise the level of discourse and expand our language abilities, here is the daily post of "Word for the Day".
arbitrage [ahr-bi-trahzh]
1. Noun: Finance. the simultaneous purchase and sale of the same securities, commodities, or foreign exchange in different markets to profit from unequal prices.
2. Verb, used without object: To engage in arbitrage activities
Origin: 1470–80; < Middle French, equivalent to arbitr ( er ) to arbitrate, regulate (< Latin arbitrārī; see arbitrate) + -age -age
Related forms
arbitrageur, noun
From http://www.wallstreetoasis.com
Arbitrage is the technique of investing in two assets (going long one and short the other) and assuming that the prices will converge over time. This is made possible as a result of market inefficiencies, although as technology advances more and more these inefficiencies are likely to be smaller and to be eliminated faster. True arbitrage is meant to be risk-free profit but in reality it very, very rarely is. Due to the fact that any profit from arbitrage is likely to be small, traders and investors will put in vast amounts of money to magnify returns. The most famous example of arbitrage is that of Long Term Capital Management, the quant-based hedge fund which started off selling new US government bonds and buying older ones, and taking the profits as the prices converged. Hedge funds which operate an event driven strategy will often work on the basis of merger arbitrage, i.e., that the stock prices of companies will converge if they complete a merger deal.
Rules: Everyone must leave a post using the Word for the Day in a sentence.
The sentence must, in some way, relate to the news of the day.
Yeah boiie.
You say that like you’re surprised?
A+++
I was wondering where you were going with that.
I was going for "impressed." I'll have to start using emoticons.
My Ava was just diagnosed with telescoping intestines and sent to Rochester ASAP for further care. Scary.
Yikes, how far away is that? It usually gets fixed with the barium enema they use to diagnose it.
His scumbag boss, should be shot.
Miller did 85 days in prison.
Bothe, She..and Libby lost theor carreers.
He told that asshole Colon Powell, day 2. That MFer did not inform the President, who could have forced Fitzpatrick to reveal the eventual truth, and end the investigation.
That scumbag, Powell, ruined two peoples lives.
Powell, shoukd be asked why in every interview, bc he will then go away.
And the failure to Pardon Libby, is a black on a good man.
Just checked her FB page. She and Rowan are down with a flu bug, so Daddy is taking Ava to Rochester for treatment....so I guess it didn’t fix it. She was in the hospital for this when she was less than a year old.....they found nothing wrong then.
not flu bug.....puke bug. And they are talking surgeon and surgery today if needed.
Poor baby.
Check your twitter feed...lol
Yes, he is.
Omg. Sorry to hear that....prayers for you Ti,
LOL!
A womans favorite pick up line.
We just listened to that right after the post! GMTA! I love the guitar and keyboards on Johnny’s version.
They were busy beating us up here last night. I think Kane sold his soul for those mad skills.
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