The act of buying and selling goods simultaneously in different markets to gain an immediate profit. Impressive, but tricky.Arbitrage is when an asset (stocks, currencies, etc.) is bought in one market and sold in another for a higher price. Arbitrage involves buying an asset in one market at a lower price and simultaneously selling it in another market at a higher price. The purpose of this CONTRACT is to engage CONSULTANT to provide Arbitrage. Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from a difference in its price. The simultaneous purchase and sale of the same securities, commodities, or foreign exchange in different markets to profit from unequal prices. Rental Arbitrage is a method similar to house hacking, where you rent out a spare room in your property.