arbitration

Definitions

The process of resolving a dispute between two parties by an impartial third party whose decision is binding.

The act of settling a disagreement through the intervention of an outside authority.

Examples

The labor dispute was finally resolved through binding arbitration.

Both parties agreed to enter arbitration to avoid a lengthy and costly court trial.

The contract includes a clause requiring arbitration for any disagreements regarding the terms of service.

Synonyms

mediation adjudication settlement arbitrament intervention conciliation judgment

Antonyms

litigation contention dispute conflict discord strife argument