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To: Emec who wrote (50)8/19/1998 12:03:00 PM
From: Starduster  Read Replies (1) | Respond to of 80
 
Ar-bi.trage

1: the nearly simultaneous purchase and sale of securities or foreign exchange in different markets in order to profit from price discrepancies

2: the purchase of the stock of a take over target esp. with a view to selling it profitably to the raider