WebDefinition of ARBITRATION (noun): process of trying to settle a disagreement. Definition and synonyms of arbitration from the online English dictionary from Macmillan … WebDec 1, 2024 · Arbitration under the ICC Arbitration Rules is a formal procedure leading to a binding decision from a neutral arbitral tribunal, susceptible to enforcement pursuant to both domestic arbitration laws and international treaties such as the 1958 New York Convention.

Arbitration definition and meaning Collins English Dictionary

WebArbitration. The submission of a dispute to an unbiased third person designated by the parties to the controversy, who agree in advance to comply with the award—a decision to … WebArbitration An extrajudicial means of resolving a dispute in which the parties agree to make their cases before an impartial person or panel. There are generally three arbitrators, but there may be up to five. Importantly, the parties in arbitration agree to allow the decision to be binding and to forego the right to an appeal. Farlex Financial ... bring forward a meeting

Arbitration Definition & Meaning Dictionary.com

Webarbitration noun [ U ] uk / ˌɑː.bɪˈtreɪ.ʃ ə n / us / ˌɑːr.bəˈtreɪ.ʃ ə n / the process of solving an argument between people by helping them to agree to an acceptable solution 仲裁 Both … Webarbitration noun ar· bi· tra· tion ˌär-bə-ˈtrā-shən : the process of resolving a dispute (as between labor and management) or a grievance outside of the court system by presenting it to an impartial third party or panel for a decision that may or may not be binding compare mediation — final offer arbitration WebArbitration award definition: Arbitration is the judging of a dispute between people or groups by someone who is not... Meaning, pronunciation, translations and examples bring forth thy heinous offering