Arbitration

/ˌɑːbɪtɹˈe‍ɪʃən/

/ˌɑɹbɪˈtɹeɪʃən/

[noun]

Arbitration

[NOUN]

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

synonyms : arbitrament

arbitrement

(law) the hearing and determination of a dispute by an impartial referee agreed to by both parties (often used to settle disputes between labor and management)

Examples

1. The key mechanisms within that approach are, firstly, arbitration.

2. So is arbitration anti-consumer?

3. Arbitration was never the objective.

4. Now, arbitration is often seen as a boogeyman within legal circles.