Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from a difference in its price. Arbitrage is when an asset (stocks, currencies, etc.) is bought in one market and sold in another for a higher price.An arbitrage is a transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state. Arbitrage is the practice of exploiting price differences in different markets or platforms to profit from buying and selling assets, securities, or goods. "RCRA" means the Resource Conservation Recovery Act, as amended. County of Lennox and Addington. 12.