Arbitration
volume
British pronunciation/ˌɑːbɪtɹˈe‍ɪʃən/
American pronunciation/ˌɑɹbɪˈtɹeɪʃən/

"arbitration"Meghatározása és Jelentése

Arbitration
01

választottbíróság

the process in which a person is officially appointed to act as a judge and settle an argument
example
Example
click on words
The dispute was resolved through arbitration rather than a lengthy court trial.
They chose arbitration to settle their contractual disagreement efficiently.
Arbitration allowed the parties to resolve their disagreement quickly and avoid the lengthy process of going to trial.
02

választottbíróság

a process where parties resolve disputes through a neutral third party
example
Example
click on words
The construction contract included a clause requiring arbitration to settle any disputes between the contractor and the client.
Rather than engaging in lengthy court battles, the parties opted for arbitration to resolve their disagreement swiftly.
The labor union and management agreed to arbitration to negotiate a new collective bargaining agreement.

word family

arbitr

Verb

arbitrate

Verb

arbitration

Noun

arbitrational

Adjective

arbitrational

Adjective
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