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arbitration
[ahr-bi-trey-shuhn]
noun
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.
Rather than risk a long strike, the union and management agreed to arbitration.
International Law.Ìýthe application of judicial methods to the settlement of international disputes.
arbitration
/ ˌɑ˲úɪˈ³Ù°ù±ðɪʃə²Ô /
noun
law the hearing and determination of a dispute, esp an industrial dispute, by an impartial referee selected or agreed upon by the parties concerned
international law the procedure laid down for the settlement of international disputes
arbitration
The settling of disputes (especially labor disputes) between two parties by an impartial third party, whose decision the contending parties agree to accept. Arbitration is often used to resolve conflict diplomatically to prevent a more serious confrontation.
Other 51³Ô¹Ï Forms
- arbitrational adjective
- arbitrationist noun
- proarbitration adjective
- proarbitrationist noun
- rearbitration noun
51³Ô¹Ï History and Origins
Origin of arbitration1
Synonym Study
Example Sentences
The patient’s family was awarded $1.29 million in arbitration this month after a judge found that the facility was severely understaffed at the time of her arrival and should not have admitted her.
Mr Hussain, who estimated about 150 people attended the meeting, said talks held at the arbitration service Acas had failed and people now wanted an independent panel to be created to take over negotiations.
District Court, New York Southern, on Sept. 1, 2021, for confirmation of an arbitration agreement of a little less than $3.5 million in damages, according to court documents reviewed by The Times.
And through August 2026, the company will not require employees to enter into mandatory arbitration for employment-related disputes, according to the settlement agreement filed last week in federal court.
That court denied a motion by the company that owns the hotel to force McKillen’s company into arbitration.
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Related 51³Ô¹Ïs
When To Use
Arbitration 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. This person or team is called an arbitrator. To act as this arbitrator is to arbitrate. Arbitrate can also mean to engage in arbitration, as in If we can’t come to an agreement, we may need to arbitrate.The term arbitration is especially used in the context of negotiations between businesses and labor unions. When the two sides can’t agree and negotiations are unproductive, they may seek to pursue arbitration by bringing in an arbitrator.An arbitration process in which the arbitrator’s decision must be accepted by both parties is sometimes called binding arbitration—meaning the arbitrator’s decision is final and legally binding.Example: After weeks of negotiations stalled and resulted in an impasse, the two sides agreed to enter arbitration.
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