arbitration of exchange

arbitration of exchange. The simultaneous buying and selling of bills of exchange in different international markets, with the hope of profiting from the price difference of the currencies in those markets. See ARBITRAGE; DRAFT(1).

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词条贡献者

译者Jerry，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与政府调查与白领犯罪相关的法律文件。