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: 147080; < 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.
Dang, we’re both men...but man..I love you...lol
oh my GOd - I was so busy trying to find the ice cleaner girl video (it was pulled from YouTube early this morn for some unknown reason...) that I forgot to look up Kane’s goal. I heard about it on the radio, but obviously that’s not going to have the same effect - off to find it now....
I have a question for the guys in class. Do any of you wear a watch while in pjs, like the onesie ocare brony? There are so many disturbing things about that image and caption.
watc is the first article I strip off.
Besides, I always know in my head what time it is, so the watch is just cosmetic.
I’ve never heard of telescoping intestines but it does sound scary!
lol
Because Youtube is going corporate.
Much like this thread, the wild west atmosphere.....
Is gone.
I read 3 threads last night, lmao..500,300,300 posts apiece.
No way. Of course, I rarely wear pjs.
I’ll be incommunicado for a few hours. Looks like you are carrying on without me quite well.
I was so focused on the watch question, the sleeping au naturel part got left out...lol
At least tulips are pretty!
My computer is fixed (newly built — Win 7); all files found and transferred successfully; life is good.
Thank goodness you’re here. The tiger tried to kill the thread. ROR!
Not for long. I’ve got to work on those cards today. And get stamps. And purchase new mailing labels. Last year the labels peeled off and stuck up the inside of my printer. Will purchase new ones this year. Taking no chances.
Furthermore, I’ve got to come to some determination about when we are going to CA to pick up my mother’s stolen goods from the PD and the pawn shop — also to check on my 100 year old mother who seems to be no longer writing letters. Many phone calls to make to coordinate the date.
Mom still does not know about last year’s burglary of her empty house, and I’m keeping it that way. It would break her heart. Her house is sold, as well as most of her goods. She is safely living in a really nice place. One of the burglars got off scot free and the other has been released on probation after about 60 days in jail. I’m sure that nothing has been done about their drug addiction (Meth).
Today will be busy.
Not for long. I’ve got to work on those cards today. And get stamps. And purchase new mailing labels. Last year the labels peeled off and stuck up the inside of my printer. Will purchase new ones this year. Taking no chances.
Furthermore, I’ve got to come to some determination about when we are going to CA to pick up my mother’s stolen goods from the PD and the pawn shop — also to check on my 100 year old mother who seems to be no longer writing letters. Many phone calls to make to coordinate the date.
Mom still does not know about last year’s burglary of her empty house, and I’m keeping it that way. It would break her heart. Her house is sold, as well as most of her goods. She is safely living in a really nice place. One of the burglars got off scot free and the other has been released on probation after about 60 days in jail. I’m sure that nothing has been done about their drug addiction (Meth).
Today will be busy.
No. Watch comes off when i get home.
500 million posts?
Sorry for the double post. It seems that if I try to read my post before hitting the button, it posts twice. (This is NOT my new computer — just my old laptop that always seems to have a mind of its own.)
I would never,
3 threads...lol....though the infamous German Condom thread could have grown that large...
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