ppl. a. [f. prec. + -ED.] Settled by arbitration; spec. in Comm. Determined or conducted by ‘Arbitration of Exchange.’

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1611.  Cotgr., Arbitré, Arbitrated, stickled … compounded, agreed.

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1811.  P. Kelly, Univ. Cambist (1821), II. 107. When the actual or direct price is found to differ from the arbitrated price, advantage may be made by drawing or remitting indirectly.

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1852.  McCulloch, Dict. Comm., 581. The arbitrated price between London and Madrid.

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1868.  Rogers, Pol. Econ., xv. (ed. 3), 209. The third city then may intervene, and the difference between Paris and London may be settled by this indirect, or … arbitrated exchange.

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