A more thorough explanation:

Definition: Agiotage refers to the business of dealing in foreign exchange or the speculative buying and selling of securities.

Examples:

• Investors engaging in agiotage may buy and sell stocks rapidly in an attempt to make quick profits.
• A foreign exchange trader may engage in agiotage by buying and selling currencies based on short-term market fluctuations.

These examples illustrate how agiotage involves quick and speculative trading in financial markets. The goal is often to make a profit in a short amount of time, rather than holding onto investments for the long-term. This type of trading can be risky and requires a deep understanding of market trends and fluctuations.