arbitration

(noun)

A process through which two or more parties use an arbitrator or arbiter (an impartial third party) in order to resolve a dispute.

Related Terms

  • alternative dispute resolution
  • World Trade Organization
  • disarmament
  • New York Convention
  • conflict resolution
  • intergovernmental
  • litigation
  • conciliation
  • mediation

Examples of arbitration in the following topics:

  • Arbitration

    • As with arbitration generally, international arbitration is a creature of contract.
    • In other words, the parties' agree to submit disputes to binding resolution by arbitrators, usually by including a provision for the arbitration of future disputes in their contract.
    • These include: the desire to avoid the uncertainties and local practices associated with litigation in national courts, the desire to obtain a quicker, more efficient decision, the relative enforceability of arbitration agreements and awards, the commercial expertise of arbitrators, the parties' freedom to select and design the arbitral procedures, confidentiality of arbitration, and other benefits.
    • The issue went to arbitration and the Alaska boundary dispute was resolved in US favor by an arbitration in 1903 .
    • In recent years, international arbitration has been used to resolve a number of disputes between states or state-like entities, thus making arbitration an important tool in modern foreign policy.
  • Resolving Conflicts

    • The legal system provides a structure for the resolution of many disputes, including litigation, arbitration, mediation, and conciliation.
    • Methods of dispute resolution include: litigation, arbitration, mediation, and conciliation.
    • In theory, arbitration is a consensual process; a party cannot be forced to arbitrate a dispute unless he or she agrees to do so.
    • In practice, however, many fine-print arbitration agreements are inserted in situations in which consumers and employees have no bargaining power.
    • Conciliation differs from arbitration in that the conciliation process, in and of itself, has no legal standing, and the conciliator usually has no authority to seek evidence or call witnesses, usually writes no decision, and makes no award.
  • Facilitating Private-Voluntary Associations

    • Some parties bypass the judge by jointly sending disputes to an arbitrator, but the courts are always available when less extreme measures fail.
  • World War I and the League of Nations

    • Its primary goals, as stated in its Covenant, included preventing wars through collective security and disarmament, and settling international disputes through negotiation and arbitration.
  • Consumer Interest Groups

    • This process allows consumers with conflicts or complaints regarding a particular business receive arbitration through the BBB.
  • Making Policy

    • Another type of bureaucratic institution is a regulatory commission, an agency charged with writing rules and arbitrating disputes in a specific part of the economy.
  • Forms of Government

    • In the case of its broad definition, government normally consists of legislators, administrators, and arbitrators.
    • Their function is to make and enforce laws and arbitrate conflicts.
  • Vertical Checks and Balances

    • The Supreme Court arbitrates how a law acts to determine the disposition of prisoners, determines how a law acts to compel testimony and the production of evidence.
  • Forms of Disagreement

    • Direct action stands in opposition to a number of other forms of disagreement, like electoral politics, diplomacy, negotiation, and arbitration, which are not usually described as direct action, as they are politically mediated.
  • Media Bias

    • However, the person organizing the report still has the responsibility to choose people who really represent the breadth of opinion, to ask them non-prejudicial questions, and to edit or arbitrate their comments fairly.
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