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

Definitie & Betekenis van "arbitration"

01

arbitrage

the process in which a person is officially appointed to act as a judge and settle an argument
02

arbitrage

a process where parties resolve disputes through a neutral third party

arbitration

n

arbitrate

v

arbitr

v

arbitrational

adj

arbitrational

adj
example
Voorbeeld
In complex commercial disputes, arbitration is often preferred for its efficiency and confidentiality.
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.
The arbitration board will decide the dispute between the two parties.
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