Exam: GMAT (Verbal)

Definition: Suitable for being decided by an arbitrator, often in legal or dispute resolution contexts.

Example: The contract included an arbitrable clause that allowed disputes to be settled outside of court.

Definition: To take advantage of price differences in different markets to make a profit.

Example: Investors often engage in arbitrage to maximize their returns.

Definition: The act of buying and selling assets in different markets to take advantage of price differences and make a profit.

Example: Investors often use arbitrage to capitalize on price discrepancies between markets.

Definition: A person who buys and sells assets in different markets to take advantage of price differences.

Example: The arbitrager made a profit by buying stocks at a lower price in one market and selling them at a higher price in another.

Definition: A person who buys and sells assets in different markets to take advantage of price differences.

Example: The arbitrageur made a profit by buying stocks in one market and selling them in another at a higher price.

Definition: The process of resolving a disagreement or dispute by a neutral third party who makes a decision.

Example: The arbitrament of the case was fair and unbiased, leading to a satisfactory resolution for both parties.

Definition: To act as a neutral party to help resolve a disagreement or dispute between two or more parties.

Example: The judge decided to arbitrate the case to help both sides reach an agreement.

Definition: To make a decision about a disagreement or dispute, often by acting as a neutral party who helps resolve the issue.

Example: The two companies decided to arbitrate their contract dispute instead of going to court.

Definition: To have a disagreement or dispute with someone, often involving presenting reasons or opinions.

Example: They often argue about which movie to watch.

Definition: To present reasons or evidence in support of a point of view or to persuade someone.

Example: She argued her case passionately during the debate.

Definition: Not on time; something that is late or overdue.

Example: He paid his bills in arrear, which caused some financial issues.

Definition: A situation where someone owes money or has not completed a task that was due.

Example: He was in arrears on his rent payments, which caused him a lot of stress.

Definition: An amount of money that is owed and has not been paid on time.

Example: The landlord demanded payment for the arrearage before allowing the tenants to renew their lease.

Definition: Able to express thoughts and ideas clearly and effectively using language.

Example: She is an articulate speaker who captivates her audience with her words.

Definition: To speak in a clear and understandable way, expressing thoughts or ideas effectively.

Example: She was able to articulate her feelings during the discussion.

Definition: To express an idea or feeling clearly and effectively in speech or writing.

Example: She was able to articulate her thoughts during the presentation.