2014年11月10日 · Arbitration is a form of Alternative Dispute Resolution in which the parties work out the disputed issue without going to court. An impartial third party, known as an Arbitrator, is chosen by the parties to listen to their case and make a decision.

ARBITRATION definition: 1. the process of solving an argument between people by helping them to agree to an acceptable…. Learn more.

Arbitration is a formal method of dispute resolution involving a third party neutral who makes a binding decision. The third party neutral (the 'arbitrator', 'arbiter' or ' arbitral tribunal ') renders the decision in the form of an ' arbitration award '. [1]

The meaning of ARBITRATION is the action of arbitrating; especially : the hearing and determination of a disputed case by an arbiter. How to use arbitration in a sentence.

2023年10月26日 · Arbitration is a cheaper and faster method of handling disputes outside of the traditional court system. What Is Arbitration? For conflicts involving individuals in different …

2021年10月5日 · Arbitration is a method of resolving a dispute between parties. If both parties agree to arbitration, an independent and neutral arbitrator is appointed and the arbitrator gives a decision on the dispute. The arbitrator’s decision is binding on the parties. I’ve heard that arbitration is ADR; what is “ADR”?

2024年12月27日 · Arbitration, nonjudicial legal technique for resolving disputes by referring them to a neutral party for a binding decision, or “award.” An arbitrator may consist of a single person or an arbitration board, usually of three members.

Arbitration refers to an alternative dispute resolution method where the parties in dispute agree to have their case heard by a qualified arbitrator out of court.

2022年6月4日 · In simple words, arbitration is a method of resolving disputes between parties without going to court. The term ADR or Alternative Dispute Resolution signifies any out of court processes adopted to solve disputes. Arbitration, mediation, conciliation, and negotiation are usually the most common methods of ADR.

2023年9月19日 · Arbitration is a method of alternative dispute resolution (ADR), which allows legal disagreements to be negotiated outside of court. Learn about mediators, binding and non-binding arbitration, and much more at FindLaw.com.