What's the difference between arbitrage and arbitrary?

Arbitrage


Definition:

  • (n.) Judgment by an arbiter; authoritative determination.
  • (n.) A traffic in bills of exchange (see Arbitration of Exchange); also, a traffic in stocks which bear differing values at the same time in different markets.

Example Sentences:

  • (1) In no time, Unilever’s shareholder register would have been populated by merger arbitrage funds.
  • (2) "Long term, the impact of this approach is that it should provide incentives for firms to dismantle corporate or capital structures that might have been developed to exploit tax or regulatory arbitrage," Myners said.
  • (3) Tom Gosling, reward partner at PricewaterhouseCoopers, said: "There is a wider question of differences in regulatory approach at the global level creating an uneven playing field, and a risk of geographic arbitrage in favour of jurisdictions that are perceived to be more lenient."
  • (4) HFTs employing latency arbitrage examine current market information to predict immediate price movements, essentially computing the best prices available before the exchange has even had a chance to update its price quote.
  • (5) In her lecture Cohen outlines the deal we have struck with the “surveillance-innovation complex”, involving a deeply worrying complicity between state and private actors - “a mutually satisfactory game of regulatory arbitrage”.
  • (6) This time, it relies on the kind of jurisdictional arbitrage familiar to so many lawless sites the world over: because its technical collection points are physically outside the US, it does not require authorization from either Congress or the Fisa court, even though the dragnet inevitably captures large amounts of data from Americans.
  • (7) More complex systems lead to a greater amount of arbitrage.
  • (8) For the sole purpose of repaying euro-denominated debts with a revived local currency, an official exchange rate between the euro and the local currency would need to be fixed with the ECB , under strict controls over such operations and capital flows and to prevent speculative arbitrage.
  • (9) Here are some tax techniques used by different companies over the years • Cross-border tax arbitrage • Hybrid debt instruments • Hybrid entities • Thin capitalisation • Thick capitalisation • Debt dumping • Loss buying • Outward domestication • Corporate inversions • Tax-efficient supply chain management • Intangibles fragmentation • Dividend buying • Company migrations • Dividend traps • Dutch sandwich • Swiss roundabout (long obsolete) • Value shifting • Defeased leasing • Capital allowance buying • Rent factoring • This article was amended on Thursday 5 February 2009.
  • (10) Better coordination has reduced the risk of regulatory arbitrage, and address the threat that banks will be, as the former Bank of England governor Mervyn King memorably put it , “international in life but national in death.” The US and the UK took the lead on reform, and Europe has been catching up.
  • (11) A financial transaction tax needs careful design, must be set at a modest rate without creating negative economic consequences and must minimise international tax arbitrage.
  • (12) Regulators and supervisors must protect consumers and investors, support market discipline, avoid adverse impacts on other countries, reduce the scope for regulatory arbitrage, support competition and dynamism, and keep pace with innovation in the marketplace.
  • (13) Privacy International said it had long suspected that members of Five Eyes have been playing "a game of jurisdictional arbitrage to sidestep domestic laws governing interception and collection of data".
  • (14) This requires a smart arbitrage by the news producers.
  • (15) The Globes have also found room for the unexpected reward: no one was tipping Richard Gere for the hedge fund thriller Arbitrage , or Jack Black for the mortician-murder comedy Bernie.
  • (16) It seems fanciful to imagine Britons who spent two weeks glued to the TV will, like Stakhanovites, suddenly meet higher norms in car production, healthcare and financial arbitrage.
  • (17) More surprises included a nod for Nicole Kidman as best supporting actress for her role in The Paperboy, and Richard Gere as best actor for Arbitrage.
  • (18) Trendon T Shavers, from KcKinney in Texas, was the founder and operator of "Bitcoin Savings and Trust" (BTCST), allegedly raised a total of 700,000 Bitcoins in 2011 and 2012 – then worth about $4.5m – for his scheme, claiming that he made his profits on market arbitrage.
  • (19) Moreover, the higher the gap between official interest rates and the higher rates on mortgage lending as a result of macro-prudential restrictions, the more room there is for regulatory arbitrage.
  • (20) A burgeoning trade in exploiting the anomalies of cross-border "tax arbitrage" was also curtailed.

Arbitrary


Definition:

  • (a.) Depending on will or discretion; not governed by any fixed rules; as, an arbitrary decision; an arbitrary punishment.
  • (a.) Exercised according to one's own will or caprice, and therefore conveying a notion of a tendency to abuse the possession of power.
  • (a.) Despotic; absolute in power; bound by no law; harsh and unforbearing; tyrannical; as, an arbitrary prince or government.

Example Sentences:

  • (1) This developed concept of "valve only" energy loss has the potential of standardising the findings of different research groups by removing the arbitrary selection of measurement points from reported results.
  • (2) 'Vertical' sections are plane sections longitudinal to a fixed (but arbitrary) axial direction.
  • (3) In the microtitre plate assay only 45% of specific IgE was immobilized and it was necessary to express the results in arbitrary units.
  • (4) It is concluded that renin levels in hypertension are influenced by several factors and that any attempt to subdivide patients into renin subgroups is therefore arbitrary.
  • (5) In his letter Abd El Fattah highlights the arbitrary nature of many of their detentions, the torture to which thousands have probably been subjected – and the apathy towards, and often enthusiasm for, such malpractice among the public.
  • (6) Although the diagnosis of hyperlipidemia is somewhat arbitrary, in that the upper limits of normal are not universally agreed upon, it is clear that the risk of atherosclerosis increases with plasma cholesterol concentration; it may also increase in hyperglyceridemia.
  • (7) Several arbitrary definitions have been used, some related to visual estimates of coronary stenosis and others to quantitative angiographic techniques.
  • (8) More than 60% of the residents' working hours in this program exceeded the arbitrary 80-hour limit, emphasizing the challenge of complying with the imposition of maximum work hours.
  • (9) Practically, serially accumulated images with sequentially prolonged accumulation times are weighted by two arbitrary functions.
  • (10) While somewhat arbitrary, the number of drug-affected newborns, adjusted for underreporting, was about 38,000 (95% confidence interval: 30,000-45,000).
  • (11) The almost-Orwellian technology that enables the government to store and analyze the phone metadata of every telephone user in the United States is unlike anything that could have been conceived in 1979 [...] I cannot imagine a more "indiscriminate" and "arbitrary invasion" than this systematic and high-tech collection and retention of personal data on virtually every single citizen for purposes of querying and analyzing it without prior judicial approval.
  • (12) For the chain with arbitrary values of characteristic times of individual stages the maximal possible degree of the chain stability and corresponding value of the feedback coefficient are estimated.
  • (13) The cellular total polyamine (spermidine + spermine) concentration on the slides varied between 4 and 15 nmol per mg protein (MCF-7 cells) and 5 and 26 nmol per mg protein (HeLa cells) and the corresponding microfluorometric results between 60 and 115 arbitrary units (MCF-7 cells) and 80 and 160 arbitrary units (HeLa cells).
  • (14) A general purpose computer program, PROPAGATE, has been written to allow addition, deletion, and modification of the beam line elements used in the calculation and to provide a convenient means of repeating such calculations for arbitrary beam lines.
  • (15) The current government should learn from past mistakes and not expand the programme too quickly in pursuit of arbitrary targets, and, above all else, not overclaim for free schools.
  • (16) The device consists of a motor-driven shaft which moves the record past a fixed cursor, and an electronic counter which records the movements of the shaft, thereby providing a cumulative tally of the distance of the current position of the cursor from some arbitrary origin on the record.
  • (17) Analysis of total radioligand binding was found to be a better procedure because it eliminates the use of an arbitrary concentration of unlabelled ligand and improves the accuracy of the assay.
  • (18) Water ferns (Salviniaceae) and seed ferns (Pteridospermae) are known as the arbitrary type of Lycopsida which did not reach the state of shot structure of the body.
  • (19) Methods are reviewed for estimating the transverse relaxation time T2 and the pseudodensity (PD) from spin-echo measurements acquired at an arbitrary set of echo times [TEi].
  • (20) The response of the resting (fully formed) hair follicle to irradiation was studied using an arbitrary 6 unit scale of epilation as an endpoint.