arbitrage

It’s a perpetual money machine for currency traders, who arbitrage the fat interest-rate differential.

They provide not just "labour arbitrage" but also "intellectual arbitrage", Mr Mitra told the BBC in an email interview, when asked why Tesco is expanding its footprint.

"Hence, for India to capitalise on this opportunity, it needs to complement any tariff arbitrage with serious ease-of-doing-business reforms."

I was selling a car that I had arbitraged to rent out on Turo, which turned out to be a poor investment.

"Because the idea — what happens is if you leave anything off the list, the countries that tried to basically arbitrage America go through those countries to us," Lutnick said.