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 dispute resolution involving a third party neutral who makes a binding decision. The third party neutral (the 'arbitrator'...
- 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...
- Arbitration, in the context of the law of the United States, is a form of alternative dispute resolution. Specifically, arbitration is an alternative...
- The Court of Arbitration for Sport (CAS; French: Tribunal arbitral du sport, TAS) is an international body established in 1984 to settle disputes related...
- An arbitration award (or arbitral award) is a final determination on the jurisdiction, merits, costs or other aspect of a dispute by an arbitration tribunal...
- The Vienna Award (also called the Vienna Arbitration or Vienna Diktat) was either of two arbitral decisions made by **** Germany and Fascist Italy rewarding...
- Pendulum arbitration, otherwise known as final offer arbitration (or "FOA") or baseball arbitration, is a type of interest arbitration in which the arbitrator...