/ˈɑːrbətrɑːʒ/

ar·bi·trage

BrE /ˈɑːbɪtrɑːʒ/,

/ˈɑːbɪtrɪdʒ/

NAmE /ˈɑːrbətrɑːʒ/

[U] (business)

the practice of buying sth (for example, shares or foreign money) in one place and selling it in another place where the price is higher

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ar·bi·tra·geur

BrE /ˌɑːbɪtrɑːˈʒɜː(r)/

NAmE /ˌɑːrbətrɑːˈʒɜːr/

(also ar·bi·trager

BrE /ˈɑːbɪtrɪdʒə(r)/

NAmE /ˈɑːrbətrɑːʒər/

)