arbitration
1 of 1noun/ˌɑrbɪˈtreɪʃən/
1
the process in which a person is officially appointed to act as a judge and settle an argument
- 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.
- In complex commercial disputes, arbitration is often preferred for its efficiency and confidentiality.
- After months of negotiation failed to resolve the issue, the parties agreed to arbitration to settle their differences.
Synonyms:
2
a process where parties resolve disputes through a neutral third party
- The construction contract included a clause requiring arbitration to settle any disputes between the contractor and the client.
- Rather than engaging in lengthy court battles, the parties opted for arbitration to resolve their disagreement swiftly.
- The labor union and management agreed to arbitration to negotiate a new collective bargaining agreement.
- The landlord and tenant turned to arbitration to resolve issues related to lease terms and rental payments.
- The consumer opted for arbitration instead of pursuing a lawsuit against the product manufacturer for damages.