Meaning Of The Word Arbitration

Real Dictionary

What's the definition of Arbitration? Find Arbitration meanings, definitions and more at the Real Dictionary online.

Arbitration Meaning

Arbitration Definition
Arbitration Definition

What's The Definition Of Arbitration?

arbitration
Arbitration is the judging of a dispute between people or groups by someone who is not involved.

arbitration in American English
the act of arbitrating; specif., the settlement of a dispute by a person or persons chosen to hear both sides and come to a decision
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

arbitration in British English
noun: the hearing and determination of a dispute, esp an industrial dispute, by an impartial referee selected or agreed upon by the parties concerned

arbitration in Finance
noun: Arbitration is a process for settling a dispute by agreeing to let an impartial third party make a decision, outside of the legal court system.

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