arbitration
Definition from Wiktionary, the free dictionary
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[edit] English
[edit] Etymology
From Middle English arbitracion, from Old French arbitration, from Latin arbitratio, from arbitrari (“to arbitrate, judge”); see arbitrate.
[edit] Pronunciation
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- Rhymes: -eɪʃən
[edit] Noun
arbitration (countable and uncountable; plural arbitrations)
- The act or process of arbitrating.
- A process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute.
- 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.
[edit] Related terms
[edit] Translations
the act or process of arbitrating
a process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute
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In general, a form of justice where both parties designate a person whose ruling they will accept formally
- The translations below need to be checked and inserted above into the appropriate translation tables, removing any numbers. Numbers do not necessarily match those in definitions. See instructions at Help:How to check translations.
Translations to be checked
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[edit] External links
- arbitration in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913
- arbitration in The Century Dictionary, The Century Co., New York, 1911
