;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.
A+++
for Al Arbour Trage, although I still root for the Rangers,
although I’m not sure why. One cup since 1940.
I don’t know, I kind of like the though of her ironing.
lol.
Geez Louise! Negative 4! It is 70 degrees here right now...
That almost prompted me to report abuse ;-)
We’ve actually been in a cold spell until the last few days.... lows in the low 30’s overnight and highs around 50. So this is a warm day for us but even at that, I’m sure 50 with bright sunshine sounds better than snow and cold that doesn’t end in your part of the country.
The wind just picked up sometime after lunch. I just stepped outside and the wind blew the door out of my hands!
Much like marrying a bitchy supermodel..the thought may be entertaining.
But picture her, no make up, man tailored shirt, hi cut panties, as the first thing your eyes hit when the alarm goes off.
There’s a reason Billdog doesn’t stay home.
Humour disclaimer
Should I even tell you I’m wearing a short sleeved tshirt and am barefoot?
In the kitchen too?
Outside, inside, in the kitchen....but no chance of being pregnant ;^)
Lol.
Lmao could I be more unintelligible if I tried? Going to be in the 60s sat, 70s on Sunday but I prefer 50s.
I thought you were going all science on us and Higgs was your shorthand for mmHg.
Ava’s problem resolved itself and no surgery. Praise God.
Uht oh.
Worlds are colliding.
George is getting upset!
A George divided against itself, cannot stand!
That’s great!
And yet it’s creepy if I ask what you’re wearing. ;-)
At least i didn’t throw the watch away only to have Uncle Leo pick it out of the garbage.
And I didn’t eat out of the garbage either.
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