Oxford Business English Dictionary for Learners of English

{Finance) the practice of buying sth (for example shares or foreign money) in one place and selling it immediately in another place where the price is higher: investors hoping to exploit an arbitrage opportunity -> risk arbitrage ► 'arbitrage verb [no obj]

arbitrageur /,a:bitra:'33:(r); AmE ,a:rbatra:'33:r/ {also arbitrager /'a:bitra:d3a(r); AmE'a:rbatra:3ar/) noun [c]

{Finance) a person whose job is arbitrage: Shares rose unexpectedly, leaving arbitrageurs facing losses.

arbitrate /'a:bitreit; AmE 'a:rb-/ verb [+ obj or no obj]

{Law) to officially settle an argument or a disagreement between two people or groups: to arbitrate in/on a dispute о A committee arbitrated between management and unions, о They could request a judge to arbitrate the dispute. -» mediate

arbitration /,a:bi4reijn; AmE,a:rb-/noun [u] {Law) the official process of settling a legal disagreement by sb who is not involved rather than by a court: Both sides in the dispute have agreed to go to arbitration, о They called for arbitration to resolve the strike. mediation

an arbitration board/hearing/panel/system

arbitrator /'a:bitreita(r); AmE "a:rb-/ noun [C] {Law) a person who is chosen to settle a dispute: The disputed insurance claim was referred to an independent arbitrator. -» mediator

arcade /a:'keid; AmEa:r'k-/ noun [C] (BrE) a large building with a number of shops/stores in it: a shopping arcade

architect /'a:kitekt; AmE 'a:rk-/ noun [C]

see also: systems architect

a person whose job is designing buildings, etc. See note at profession

a person who is responsible for planning or creating an idea, an event or a situation: He was one of the chief architects of the reform.

architecture /'a:kitekt.fa(r);/\mE'a:rk-/ noun [U]

see also: information architecture

area /'earia; AmЈ'eria/ noun [С]

see also: assisted area, catchment core development dollar euro sales ~

a part of a town, a country or the world: an industrial/a residential area о She has been appointed area manager for south Wales.

territory (1)

part of a room, building or particular space that is used for a special purpose: a parking area о the hotel reception area

a particular subject or activity, or an aspect of it: the areas of training and development о Solar energy is one of our core business areas, о My area of expertise (= what I have expert knowledge of and skill in) is computer-aided design. territory (2)

'area code noun [c] {especially AmE) the numbers for a particular area or city, that you use when you are making a telephone call from outside the local area: For long distance calls dial '1' followed by the area code and number. dialling code

.area 'franchise, .area franchisee

= master franchise

arena /э'п:пэ/ noun [c]

a particular market or an area of business: The wholesale market is a highly competitive arena.

an area of activity that conoerns the public, especially one where there is a lot of opposition between different groups or countries: The company's problems are now in the public arena (= are known and discussed by people in general).

.arithmetic 'mean = mean noun arm /a:m; AmE a:rm/ noun [C] a part of a large organization which is responsible for one area of its business: the research arm of the company

.arm's-length adjective [only before noun] between companies or people that do not have close contact or any financial connections: an arm's-length transaction/relationship

ARR /,ei a:r 'a:(r)/ = accounting rate of return

arrange /э'гетйъ/ verb [+ obj]