Arbitration - definition, pronunciation, transcription

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Amer.  |ˌɑːrbɪˈtreɪʃn|  American pronunciation of the word arbitration
Brit.  |ɑːbɪˈtreɪʃ(ə)n|  British pronunciation of the word arbitration

noun

- (law) the hearing and determination of a dispute by an impartial referee agreed to by both parties (often used to settle disputes between labor and management)
- the act of deciding as an arbiter; giving authoritative judgment (syn: arbitrament)
they submitted their disagreement to arbitration

Extra examples

The union and management went to arbitration.

The dispute is going to arbitration (=someone is being asked to arbitrate).

Both sides in the dispute have agreed to binding arbitration.

The parties agreed to settle the dispute through binding arbitration.

They signed a treaty to settle all border disputes by arbitration.

American Arbitration Association

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