Definition of Arbitration. Meaning of Arbitration. Synonyms of Arbitration

Here you will find one or more explanations in English for the word Arbitration. Also in the bottom left of the page several parts of wikipedia pages related to the word Arbitration and, of course, Arbitration synonyms and on the right images related to the word Arbitration.

Definition of Arbitration

Arbitration
Arbitration Ar`bi*tra"tion, n. [F. arbitration, L. arbitratio, fr. arbitrari.] The hearing and determination of a cause between parties in controversy, by a person or persons chosen by the parties. Note: This may be done by one person; but it is usual to choose two or three called arbitrators; or for each party to choose one, and these to name a third, who is called the umpire. Their determination is called the award. --Bouvier Arbitration bond, a bond which obliges one to abide by the award of an arbitration. Arbitration of Exchange, the operation of converting the currency of one country into that of another, or determining the rate of exchange between such countries or currencies. An arbitrated rate is one determined by such arbitration through the medium of one or more intervening currencies.

Meaning of Arbitration from wikipedia

- Arbitration is a formal method of alternative dispute resolution (ADR) involving a neutral third party who makes a binding decision. The dispute will...
- Arbitration committee, arbitration commission or arbitration council may refer to: Arbitral tribunal, a panel of impartial adjudicators convened to resolve...
- Compulsory arbitration is arbitration of labor disputes which laws of some communities force the two sides, labor and management, to undergo. These laws...
- A Court of Arbitration is a court, sometimes outside of the official judicial system of a country, that resolves certain kinds of civil disputes, primarily...
- contract law, an arbitration clause is a clause in a contract that requires the parties to resolve their disputes through an arbitration process. Although...
- The Vienna Award (also called the Vienna Arbitration or Vienna Diktat) was either of two arbitral decisions made by **** Germany and Fascist Italy rewarding...
- An arbitration award (or arbitral award) is a determination on the merits by an arbitration tribunal in an arbitration, and is analogous to a judgment...
- The Arbitration is a 2016 Nigerian romantic drama film, written by Chinaza Onuzo, directed by Niyi Akinmolayan, and produced by Chinaza Onuzo, Omotayo...
- agree that the award is non-binding, most consumer arbitrations occur pursuant to a pre-dispute arbitration clause where the arbitrator's award is binding...
- International arbitration is arbitration between companies or individuals in different states, usually by including a provision for ****ure disputes in...