Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- n. The process by which the parties to a dispute submit their differences to the judgment of an impartial person or group appointed by mutual consent or statutory provision.
Century Dictionary and Cyclopedia
- n. The hearing and determining of a cause between parties in controversy by a person or persons chosen or agreed to by the parties. This may be done by one person, but it is usual to choose more than one. Frequently two are nominated, one by each party, the two being authorized in turn to agree upon a third, who is called the umpire (or, in Scotland, sometimes the oversman), and who either acts with them or is called on to decide in case the primary arbitrators differ. The determination of arbitrators or umpires is called an award. By the common law an award properly made is binding; but the arbitrators' authority may be revoked before award at the will of either party. Permanent boards of arbitration are sometimes constituted by legislative or corporate authority, but the submission of cases to their decision is always voluntary.
Wiktionary
- n. The act or process of arbitrating.
- n. A process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute.
- n. In general, a form of justice where both parties designate a person whose ruling they will accept formally. More specifically in Market Anarchist (market anarchy) theory, arbitration designates the process by which two agencies pre-negotiate a set of common rules in anticipation of cases where a customer from each agency is involved in a dispute.
GNU Webster's 1913
- n. The hearing and determination of a cause between parties in controversy, by a person or persons chosen by the parties.
WordNet 3.0
- n. the act of deciding as an arbiter; giving authoritative judgment
- n. (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)
Etymologies
- From Middle English arbitracion, from Old French arbitration, from Latin arbitratio, from arbitrari ("to arbitrate, judge"); see arbitrate. (Wiktionary)
Examples
“There has been some uncertainty as to whether arbitration is a valid method for resolving these cases.”
USATODAY.com - Arbitration can speed resolution of grievances
“The term "arbitration" is here used presumably in the French sense, to cover all kinds of settlement before a tribunal involving positive compliance with the decision or award.”
“Why should an investor in arbitration have to conduct research to find this declaration?”
“The problem with mafia or gang arbitration is not that it lacks the backing of the government.”
A Theory of Government, Arnold Kling | EconLog | Library of Economics and Liberty
“A problem with illegal arbitration is that it can't be held up for public scrutiny.”
A Theory of Government, Arnold Kling | EconLog | Library of Economics and Liberty
“Starting next year we will be offering an LL.M. concentration in arbitration as part of our comparative and international LL. M programs.”
“International arbitration is something of a poor stepchild in the US academy – we in the US are neither the primary users of it nor do we supply a particularly large share of the leading advocates (at least in private law), arbitrators, or scholars – although we do have a few domestic stars.”
“Even with an all-public panel, arbitration is still an opaque process," according to a source inside FINRA, the brokerage industry's bought-and-paid-for "overseer.”
The Huffington Post: Phil Trupp: FINRA Proposes All-Public Dispute Panels
“Private arbitration is only effective because a gov't court system stands behind it.”
Milton Friedman on health, education, Arnold Kling | EconLog | Library of Economics and Liberty
“If the Nationals offer Dunn a one-year contract in arbitration, which they must do in order to receive compensatory draft picks in the event he signs elsewhere as a free agent, then the Nationals will receive two extra draft picks in the 2011 draft.”
Lists
These user-created lists contain the word ‘arbitration’.
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AFET - diplomacy
broker a peace ac..., client state, deadlocked peace ..., embassy, freeze, goodwill ambassador, hinterland, interfere in dome..., intervene personally, maintain technica..., mediation, no business as usual and 670 more...
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JURI - courtroom speak
Legal glossary with special focus on courtroom vocabulary
accused, acquittal, ADA, adjournment, adjudication, affidavit, affirmed, aggravated range, aggravating factors, allegation, alleged, answer and 794 more...
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EU Buzz - Lisbon Treaty
All words of the Lisbon Treaty
(Persons' names, foreign and grammatical words have been eliminated, MWEs have been split up into individual words. Capitalization has been retained if r...conferral, stateless, person, voting, right, subsidiarity, Latvia, Malta, Slovenia, Lithuania, Finland, Estonia and 2614 more...
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EU Buzz - single words (1+2+3)
1. Strictly EU terms with special European meaning used only in the EU
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2. Keywords central to the understanding of the EU (people working for the EU are usually able to give thematic...acceleration, action, additionality, administrator, agenda, agricultural, agri-environmental, agriflation, agri-food, applicant, approach, assent and 1325 more...
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EU - Eurovoc - international relations
ABM Agreement, accession to a co..., accession to a tr..., accession to an a..., achievement of peace, ACP-EC Convention, advanced technolo..., aerospace industry, African organisation, aggression, agreement, agricultural coop... and 851 more...
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Words I Know
List of most of the words I've learned
garner, abase, abate, abdicate, abduct, aberration, abet, abhor, abide, abject, abjure, abnegation and 1046 more...
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hedges's Words
wii, crepuscule, adumbrate, concatenation, sufi, qawwali, furry, riot, mellifluous, conspiracy, etymology, tea cozy and 369 more...
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NTDW1
template, modal, sublingual, tandem, polycentric, septuagenarian, token, irrevocable, denotive, augural, aberrant, phlebotomy and 1188 more...
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✖ LOCUTIONS
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lambda, coital, fuggedaboutit, altrap, HUGO, Synergy, Hieroglyphics, Patrician, distraught, Ethos, Devadasi, incarceration and 254 more...
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Rita's List of Words
preliminary, rudimentary, stance, conduit, locale, implicit, vicissitude, empirical, repository, apophthegm, apothegm, invariable and 431 more...
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business terms
I'm studying business law, this list will contain words I would like to implement in my language and terminology.
commingling, novation, indemnification, prospectus, quorum, commingled, agent, trustee, honorariums, fiduciary, usurp, dissolution and 94 more...
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My firsts
tulsi, citronella, crimp, plowshare, crudité, tattooine, okonomiyaki, soba, sixaxis, carport, woodshed, wiimote and 68 more...
Tweets
Looking for tweets for arbitration.
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