Arbitrated Meaning: Definition, Examples, and Translations
⚖️
arbitrated
[ˈɑːrbɪtreɪtɪd ]
Definition
dispute resolution
The term 'arbitrated' refers to the act of resolving a dispute or conflict through the intervention of an impartial third party, known as an arbitrator. This process is often used in legal and business contexts as a means of settling disagreements outside of court. An arbitrated decision is typically binding and has the force of law.
Synonyms
adjudicated, mediated, resolved, settled.
Examples of usage
- The case was arbitrated to avoid a lengthy court trial.
- They chose to have their business disputes arbitrated.
- After the arbitration, both parties accepted the decision.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Legal Perspective
- Arbitration is a common method for resolving disputes outside of court, often used in commercial agreements.
- In many countries, arbitrated decisions are legally binding, meaning both parties have to follow them.
- Professional arbitrators often come from specific fields, bringing expertise to the disputes they resolve.
Cultural Context
- Arbitration is preferred in many cultures for its amicable nature compared to adversarial court processes.
- Traditional practices in some societies involve elders or community leaders acting as arbitrators in local disputes.
- In family matters, arbitration can provide a more personal touch, preserving relationships better than litigation.
Economic Impact
- Businesses often turn to arbitration to save money and time compared to lengthy court cases.
- The growth of international trade has led to an increase in arbitration as a preferred method for dispute resolution globally.
- Specialized arbitration centers have emerged, providing services tailored to specific industries.
Psychological Effects
- Using arbitration can reduce stress for parties involved, as it is typically a less confrontational process.
- The presence of a neutral third party helps each side feel heard and valued, leading to greater satisfaction with the outcome.
- Disputes resolved through arbitration can foster better long-term relationships compared to those settled through litigation.
Origin of 'arbitrated'
Main points about word origin
- The word comes from the Latin 'arbitrare,' meaning 'to judge' or 'to consider.'
- Its roots connect to the idea of having authority in judgments, linked to both law and social norms.
- It has been used in English since the late 14th century, showing its long-standing relevance in resolving conflicts.
The word 'arbitrated' is derived from the Latin 'arbitrari', meaning 'to give judgment' or 'to consider'. It entered the English language in the late 14th century, initially used to describe the process of settling disputes through an appointed individual. This usage became more formalized in the context of legal practices in the 17th century, particularly as court systems recognized arbitration as a viable alternative to litigation. Over the years, the practice of arbitration has evolved, with various laws and regulations governing how arbitration is conducted in different jurisdictions, paving the way for its widespread acceptance in commercial and labor-related disputes.