Arbitration Meaning: Definition, Examples, and Translations
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arbitration
[ˌɑːrbɪˈtreɪʃən ]
Definitions
legal proceedings
The process of settling disputes between parties through an impartial third party, whose decision is legally binding.
Synonyms
arbitrament, conciliation, mediation.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| arbitration |
Arbitration is a method used to resolve disputes where an independent third party, the arbitrator, makes a decision that is usually binding. It's often used in legal, commercial, or employment contexts.
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| mediation |
Mediation involves a neutral third party, the mediator, who facilitates discussions between disputing parties to help them reach a voluntary and mutually agreeable resolution. It is collaborative and often used in community conflicts, workplace disputes, or family matters.
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| conciliation |
Conciliation is a process where a neutral third party helps the disputing parties reach a mutually acceptable agreement. It is more informal and flexible than arbitration. Conciliation is often used in family law, labor disputes, and consumer disputes.
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| arbitrament |
Arbitrament refers to the act of deciding a dispute or the decision itself. It's a less common, more formal term than arbitration, typically used in legal or historical texts.
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Examples of usage
- The arbitration process is often used to resolve conflicts without going to court.
- The company agreed to enter into arbitration to settle the dispute with its employees.
sports
The official judgment or decision made by an arbitrator in a sports competition.
Synonyms
referee decision, umpire call.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| arbitration |
Used in formal legal or business disputes where a neutral third party is brought in to make a binding decision.
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| referee decision |
Mostly used in sports or games, it indicates a final ruling made by a referee on the field or court.
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| umpire call |
Used in the context of sports, particularly baseball or cricket, where an umpire makes a judgment call during the game.
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Examples of usage
- The arbitration ruled in favor of the defending champion.
- The arbitration determined that the player had committed a foul.
business
The process of resolving disputes between companies or individuals outside of the court system.
Synonyms
ADR, alternative dispute resolution.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| arbitration |
Arbitration is used when two parties agree to let a neutral third party make a binding decision to resolve their conflict. It's commonly used in commercial and labor disputes.
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| alternative dispute resolution |
This term is generally used in formal or legal discussions to describe various methods (such as mediation and arbitration) for settling disputes without litigation.
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| ADR |
ADR, short for Alternative Dispute Resolution, is a broad term that includes various methods like mediation, arbitration, and negotiation to resolve disputes outside of court. It's used to save time and costs associated with legal battles.
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Examples of usage
- The contract included a clause for arbitration in case of disagreements.
- The arbitration agreement outlined the steps for resolving the dispute.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Historical Origins
- The term comes from the Latin word 'arbitrari', meaning 'to judge' or 'to consider'.
- Arbitration practices can be traced back to ancient civilizations, including the Greeks and Romans, who used mediators for conflict resolution.
- The first modern arbitration institution was established in the USA in 1926, indicating the formalization of dispute settlement.
Legal Framework
- Many countries have laws governing arbitration, promoting it as a quicker alternative to court.
- The United Nations has established international arbitration guidelines, enabling cross-border dispute resolution.
- Arbitrators must be impartial; they're chosen based on their expertise related to the case at hand.
Business Application
- Businesses often include arbitration clauses in contracts to avoid lengthy legal battles.
- In consumer transactions, arbitration is often preferred for resolving issues, instead of going to court.
- Major corporations use arbitration to handle employee disputes, making workplaces more harmonious.
Psychology
- Arbitration can reduce stress for both parties as it avoids the adversarial nature of court disputes.
- The perceived fairness of arbitration can improve relationships that might otherwise be damaged in litigation.
- Settling disputes through arbitration can lead to higher satisfaction rates among participants compared to traditional courts.
Pop Culture
- Arbitration has been depicted in various movies and shows, often highlighting how it can lead to unexpected resolutions.
- Famous arbitration cases, like those involving sports teams and players, show how it plays a key role in professional sports.
- Books and documentaries often discuss arbitration's effectiveness in real-world scenarios, popularizing its use.
Origin of 'arbitration'
The word 'arbitration' comes from the Latin word 'arbitratus', meaning 'considered' or 'judged'. The practice of arbitration dates back to ancient times, where neutral third parties were used to settle disputes. In modern times, arbitration has become a popular method for resolving conflicts outside of the court system, offering a more efficient and cost-effective way to achieve a resolution.
See also: arbitrable.