WebThe 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?
WebArbitration is a formal method of alternative dispute resolution (ADR) involving a neutral third party who makes a binding decision. The dispute will be decided by one or more persons (the 'arbitrators', 'arbiters' or ' arbitral tribunal '), …
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ARBITRATION | English meaning - Cambridge Dictionary
Webnoun [ U ] us / ˌɑr·bɪˈtreɪ·ʃən / Add to word list. the formal process of having an outside person, chosen by both sides to a disagreement, end the disagreement: Both labor and …
WebArbitration is a process in which two parties in a dispute use an independent, impartial third party to settle the dispute, often by making a decision that they both agree to. For a process to be considered arbitration, it must involve an impartial third party, which can be a single person or a team of people.
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Arbitration - Definition, Examples, Cases, and Processes
WebNov 10, 2014 · Definition of Arbitration. Noun. The hearing and settling of a dispute by a third party agreed to by them. Origin. 1350 – 1400 Middle English arbitration. What is Arbitration? The process of arbitration is overseen by a professional arbitrator, who facilitates communication between two sides of a dispute.
WebSep 19, 2023 · Arbitration occurs when parties seek to resolve a legal dispute outside of the court system. They use a neutral third party called an arbitrator. Arbitration is a form of alternative dispute resolution (ADR). An arbitrator is often a retired judge or attorney.
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Arbitration | Advantages, Process & Types | Britannica
WebApr 8, 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.
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ARBITRATION | definition in the Cambridge English Dictionary
Webthe process of solving an argument between people by helping them to agree to an acceptable solution: Both sides in the dispute have agreed to go to arbitration (= to …
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arbitration | Wex | US Law | LII / Legal Information Institute
WebArbitration refers to an alternative dispute resolution method where the parties in dispute agree to have their case heard by a qualified arbitrator out of court.
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arbitration noun - Definition, pictures, pronunciation and usage …
Webthe official process of settling an argument or a disagreement by somebody who is not involved. Both sides in the dispute have agreed to go to arbitration. Trade unions want the question referred to arbitration. Extra Examples. Topics Discussion and agreement c2. Oxford Collocations Dictionary. Word Origin. Want to learn more?