The act of buying and selling goods simultaneously in different markets to gain an immediate profit. Impressive, but tricky.An arbitrage involves buying an asset on one market while simultaneously selling the same asset on another market for a higher price. The simultaneous purchase and sale of the same securities, commodities, or foreign exchange in different markets to profit from unequal prices. There is one meaning in OED's entry for the verb arbitrage. Arbitrage is the simultaneous purchase and sale of an asset in order to take advantage of a difference in price. In its simplest form, arbitrage involves taking advantage of price differences in different markets to make a profit. Arbitrage is the simultaneous buying and selling of a good for two different prices, locking in a guaranteed profit. Many investors are especially focused on making sure they are able to get the most out of their increased transparency. In short terms preliminary to the filling out and deliv ery of a policy with specific stipulations.