created sense approved 套汇/套匯 · tàohuì · arbitrage — "Initial import from upstream dictionary"
套汇 / 套匯
tàohuì
arbitrage
The practice of buying foreign currency in one market and selling it in another to profit from price differences.
套, 汇
套 (literal) → 套 · tào · to copy 汇 (literal) → 汇/匯 · huì · foreign exchange
Changed: simplified, traditional, gloss, definition, pinyin, variant pinyin, variants, separable parts, decomposition
created sense approved 套汇/套匯 · tàohuì · illegal currency exchange — "Initial import from upstream dictionary"
套汇 / 套匯
tàohuì
illegal currency exchange
Dealing illegally in foreign exchange or obtaining foreign currency through illicit means for profit.
套, 汇
套 (literal) → 套 · tào · to copy 汇 (literal) → 汇/匯 · huì · foreign exchange
Changed: simplified, traditional, gloss, definition, pinyin, variant pinyin, variants, separable parts, decomposition