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2.
The action of slurping the small amount of soda that spills out of the can when one opens it.
Dangit, Sam, I can't hear the music over your loud arbiting!
by ROFLoctopus August 30, 2009
 
1.
Slang for arbitrary. Originated at the Indian Institutes of Technology (IIT), India. It is now a popular term among engineering graduates all over the country.
Typically used for strange or wierd.
1. It was a really arbit question paper. We had no clue whatsoever.
by Manas Saran October 24, 2005