Arbitration - Wikipedia Arbitration is a formal method of dispute resolution involving a neutral person or entity who makes a binding decision (commonly called binding arbitration) The neutral third party (the 'arbitrator,' 'arbiter,' or ' arbitral tribunal ') renders the decision in the form of an ' arbitration award ' [1]
What Is Arbitration? - FindLaw Arbitration is a form of alternative dispute resolution where the parties agree to have a neutral arbitrator decide their dispute outside of court It’s typically faster, more private, and more streamlined than traditional litigation
AAA Arbitration Services | Professional Dispute Resolution - ADR A form of alternative dispute resolution (ADR), arbitration is a private, legally binding process where one or more neutral arbitrators resolve a dispute between two or more parties Arbitration is usually a faster, more cost-effective, and more private process than court proceedings
ARBITRATION Definition Meaning - Merriam-Webster We trace it to the Latin root with the same spelling, arbiter, meaning “eyewitness, onlooker, person appointed to settle a dispute ” A number of English words stem from the Latin arbiter, many of which have to do with judging or being a judge An arbiter is a judge, and arbitration is the act of judging, or serving as an arbiter
Arbitration | ADR Services, Inc. Arbitration is an adversarial process whereby a neutral third party is empowered to decide the outcome of a dispute It is often a preferred means of resolving conflicts in order to avoid the expense, delay, and acrimony of more formal litigation and trial
What is Arbitration? - WIPO Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court
Arbitration in the United States - Wikipedia Specifically, arbitration is an alternative to litigation through which the parties to a dispute agree to submit their respective evidence and legal arguments to a third party (i e , the arbitrator) for resolution In practice, arbitration is generally used as a substitute for litigation