What is meant by Arbitrage?

Arbitrage is a financial and economic concept that refers to the practice of exploiting price discrepancies or differences in the value of an asset, security, or commodity across different markets or within the same market. The goal of arbitrage is to generate profit by buying and selling the same or similar assets simultaneously or over a short period of time to take advantage of the price differentials.

The concept of arbitrage is based on the principle of risk-free profit, where an individual or entity capitalizes on market inefficiencies to earn a return without exposing themselves to any significant risk. Arbitrage opportunities arise due to various factors, including market _______ __________ ____ ________ _________ _______ _____ _____ _______ _____ _____.
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