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Definition: In the Bible, 'arbitrage' refers to the process of cheating one's way through legal channels to obtain a favorable deal in a business transaction. It’s similar to how dishonest businessmen manipulate a system or gain an unfair advantage through deception. In this case, it pertains to using false documents, agreements, or bribes to secure better terms for oneself or another party.
Definition: In the Bible, "Arbitrager" is a person who made decisions or judgments about things. The term comes from Greek and means one who makes rules for others or judges. It's used in the New Testament to refer to a mediator (a figure of authority) involved in resolving disputes between two parties.
Definition: The term "arbitrangers" refers to individuals or groups who use their position of power to make decisions for others, often without fully understanding or consulting with them about the implications of those decisions. They act as intermediaries between conflicting parties in a conflict resolution process. The term is used figuratively to refer to anyone who helps shape decision-making processes, whether it's in politics or business.
Definition: Arbitrage is a financial term referring to an exchange or transaction where two parties agree to exchange assets at a predetermined price, and each party takes full advantage of the arbitrage opportunity for profit. This can be seen as a form of leverage, allowing one party to take risks without increasing their capital investment.
Definition: Arbitrageur refers to an individual who profited by manipulating markets, often for personal gain or gain through the exchange of financial assets without legal obligation.