arbitration Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “arbitration” in the English Dictionary

(Definition of arbitration from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"arbitration" in American English

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arbitrationnoun [U]

 us   /ˌɑr·bɪˈtreɪ·ʃən/
the ​formalprocess of having an ​outsideperson, ​chosen by both ​sides to a ​disagreement, end the ​disagreement: Both ​labor and ​management have ​agreed to arbitration.
(Definition of arbitration from the Cambridge Academic Content Dictionary © Cambridge University Press)

"arbitration" in Business English

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arbitrationnoun [U]

uk   us   /ˌɑːbɪˈtreɪʃən/
LAW a ​process in which an ​independentperson makes an ​official decision that ​ends a ​legal disagreement without the need for it to be solved in ​court: Arbitration is often ​preferred by ​firms in ​businessdisputes. binding/​mandatory arbitration The Texas high ​court said they had to go to arbitration because that's what the ​signedcontractrequired. The ​dispute is in arbitration.
HR a ​process in which an ​independentofficialtries to ​avoid a strike (= ​situation in which ​workersstopworking as a ​protest) by having discussions that end a disagreement between the ​workers and their ​employer: Pension ​contributionlevels have been ​fixed by ​collectivebargaining and labor arbitration.
(Definition of arbitration from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “arbitration”
in Chinese (Simplified) 仲裁…
in Turkish bir sorunu hakem aracılığı ile çözme, aracı vasıtasıyla halletme…
in Russian третейский суд…
in Chinese (Traditional) 仲裁…
in Polish pośrednictwo, arbitraż…
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“arbitration” in Business English

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