Search results
- Dictionaryarbitration/ˌɑːbɪˈtreɪʃn/
noun
- 1. the use of an arbitrator to settle a dispute: "Tayside Regional Council called for arbitration to settle the dispute"
Powered by Oxford Dictionaries
ARBITRATION definition: 1. the process of solving an argument between people by helping them to agree to an acceptable…. Learn more.
Nov 10, 2014 · Arbitration Defined and Explained with Examples. Arbitration is an Alternative Dispute Resolution in which the parties work out an agreement with no trial.
Contract law. Arbitration is a formal method of dispute resolution involving a neutral third party who makes a binding decision. The third party neutral (the 'arbitrators', 'arbiters' or ' arbitral tribunal ') renders the decision in the form of an ' arbitration award '. An arbitration decision or award is legally binding on both sides and ...
Jun 7, 2024 · arbitration, nonjudicial legal technique for resolving disputes by referring them to a neutral party for a binding decision, or “award.” An arbitrator may consist of a single person or an arbitration board, usually of three members.
The meaning of ARBITRATION is the action of arbitrating; especially : the hearing and determination of a disputed case by an arbiter. How to use arbitration in a sentence. Are arbiter and arbitration arbitrary?
Sep 19, 2023 · Arbitration, like mediation, provides an alternative to filing a lawsuit and going to court. Arbitration is usually a more streamlined and cost-conscious option for dealing with a legal issue. This article discusses when arbitration is an option, how it works, and how it differs from going to court.
Oct 26, 2023 · Generally, arbitration occurs between two parties who are citizens of a country where the arbitration is performed. There is also international arbitration, where two...
Arbitration definition: the hearing and determining of a dispute or the settling of differences between parties by a person or persons chosen or agreed to by them. See examples of ARBITRATION used in a sentence.
ARBITRATION meaning: 1. the process of solving an argument between people by helping them to agree to an acceptable…. Learn more.
arbitration - A quick and less formal method of settling disputes outside of court where an arbitrator or a panel of them listens to evidence and makes a decision.
