Double Your Business Vocabulary
What is Arbitration? What does Arbitration mean?
Arbitration occurs when a dispute arises between two or more individuals or parties and requires resolution by an impartial individual. The process of resolving the disagreement is known as arbitration, and the impartial individual is known as the arbitrator. Arbitration is a smart option if the disputing parties wish to avoid the cost and hassle of the courtroom.
What is Arbitrage? What does Arbitrage mean?
The act of exploiting price differences of the same financial investments, currency, securities, or other commodities on different markets or in different forms in an attempt to produce a profit. Profits are produced by purchase of the commodity on the market with the lowest price, only to be immediately resold in the market with the highest price, taking advantage of the price discrepancy. Riskless arbitrage is arbitrage in its ideal form. The term arbitrage was derived from the French word arbitrer, which means to judge.