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limits to arbitrage

ударения
фин. пределы арбитража (Natalya Rovina); ограниченность арбитража (Natalya Rovina)
 Английский тезаурус
limits to arbitrage
фин. a theory In financial economics that, due to restrictions that are placed on funds that would ordinarily be used by rational traders to arbitrage away pricing inefficiencies, prices may remain in a non-equilibrium state for protracted periods of time (Natalya Rovina)