Arbitration

What is it? A nonjudicial method of resolving disputes by selecting a neutral party to make a final determination. This method was either previously agreed to by the disputing parties or stipulated by law.

Added By: Nathaniel

Send To Friends!

If you'd like to send the Arbitration definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Arbitration. If you need any more information on this term, please don't hesitate to contact us.