Arbitration (noun) Definition, Meaning & Examples

noun
  1. the hearing and determining of a dispute or the settling of differences between parties by a person or persons chosen or agreed to by them: Rather than risk a long strike, the union and management agreed to arbitration.
  2. the application of judicial methods to the settlement of international disputes.
noun
  1. the hearing and determination of a dispute, esp an industrial dispute, by an impartial referee selected or agreed upon by the parties concerned
  2. the procedure laid down for the settlement of international disputes
Arbitration (noun) Definition, Meaning & Examples

More Definitions