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arbitration
Longman Dictionary of Contemporary English
arbitration
noun
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
binding
▪ But they are resisting pressure to refer the disputed 6.5 percent pay rise to independent binding arbitration.
independent
▪ I want to ensure that, in pursuing cost-effectiveness, there is independent arbitration on quality.
▪ Grant Metropolitan's Inntrepreneur lease already provides for independent arbitration but rents are still considered excessive by many tenant leaders.
▪ The hon. Member for Rotherham made some interesting points about independent arbitration.
▪ But they are resisting pressure to refer the disputed 6.5 percent pay rise to independent binding arbitration.
▪ One of the important points was to get the offer of independent arbitration where all else has failed.
▪ To his great credit, he persuaded the brewery companies to accept the principle of independent arbitration.
■ NOUN
award
▪ The case is important for establishing the circumstances in which the courts will allow an appeal from an arbitration award.
▪ An arbitration award can be enforced by a simple procedure, and is enforceable internationally.
▪ Experts' decisions have a completely different status from arbitration awards or judgments of the court.
▪ Can an expert's decision be enforced under s26 as an arbitration award?
case
▪ At the end of August the first arbitration case was decided upon.
▪ It also handles about 85 percent of all securities arbitration cases.
▪ This provides an exception to the no-costs rule in arbitration cases.
▪ The remainder of the arbitration cases are handled by the other securities bodies that must approve the recommendations.
▪ My greatest arbitration case came out of an asylum.
▪ The association now refuses to handle arbitration cases in which employees are forbidden from having lawyers represent them.
▪ The other securities bodies that must approve the recommendations handle the remainder of the arbitration cases.
panel
▪ The complaint was heard in Washington by a three-member arbitration panel.
▪ Eurotunnel lost the last round when an arbitration panel ruled in the contractors' favour.
procedure
▪ It is part of a document explaining arbitration procedures at the International Centre for Arbitration in Cairo.
▪ Apart from natural justice principles, the exchange is free to establish its own disciplinary and arbitration procedures.
▪ The procedure in these cases is similar to the arbitration procedure for claims for compensation in the inland post.
▪ The second example is from an unpublished document about arbitration procedures in Cairo.
▪ The reform of arbitration procedure is a controversial subject, with many wishing to detach arbitration from close adherence to litigation procedures.
▪ It is not surprising that, in those circumstances, very few tenants are invoking the arbitration procedures.
system
▪ The compulsory arbitration system in fact emphasises conciliation, with arbitration by tribunals in the event of failed negotiations.
▪ The industry loves to force you to litigate in two forums, in court and in the arbitration system.
■ VERB
agree
▪ Then, Clinton also intervened, without appointing an emergency board, by appealing to both parties to agree to binding arbitration.
▪ But to save the costs of a lawsuit, she agrees to arbitration.
bind
▪ Then, Clinton also intervened, without appointing an emergency board, by appealing to both parties to agree to binding arbitration.
▪ The Teamsters do not have the usual grievance-step procedure, ending in a final, binding arbitration by a neutral third party.
go
▪ The king, however, also had reason to conciliate the Stanleys and in 1472 the matter went to arbitration.
▪ Twice, he went to arbitration.
▪ If the claimant is still dissatisfied, the dispute goes to arbitration, where the engineer's decision can be reviewed.
▪ Of the 92 cases resolved during the year, only three had to go to informal arbitration as opposed to agreed settlement.
referred
▪ Two cases have been referred to arbitration, up to six more are the subject of court action.
▪ If negotiation fails to provide an agreement acceptable to both sides then a dispute is referred to pendulum arbitration.
▪ A similar result can be achieved by requiring claims arising under the contract to be referred to arbitration.
submit
▪ Nevertheless, the section makes clear that an agreement to submit disputes to arbitration is not to be regarded as an exclusion.
▪ That amount has been submitted for arbitration, Millstein said.
▪ The owners did not agree and offered to submit the dispute to arbitration.
▪ Any differences which could not be resolved through negotiation would be submitted to an arbitration commission.
▪ Civil proceedings are also consensual when commenced by special agreement to submit to arbitration or the International Court of Justice.
EXAMPLES FROM OTHER ENTRIES
▪ Both parties agreed to go to arbitration in order to avoid more strikes by the workers.
▪ The case has been submitted for international arbitration.
EXAMPLES FROM CORPUS
▪ George Hood, economic development convener on Tayside Regional Council, called for arbitration to settle the dispute.
▪ I want to ensure that, in pursuing cost-effectiveness, there is independent arbitration on quality.
▪ In the arbitration, the state was repulsively sanctimonious.
▪ Indeed, only five out of the 330 complaints brought since the scheme started have required arbitration.
▪ The king, however, also had reason to conciliate the Stanleys and in 1472 the matter went to arbitration.
▪ These are the dark victories you win in arbitration.
The Collaborative International Dictionary
Arbitration

Arbitration \Ar`bi*tra"tion\, n. [F. arbitration, L. arbitratio, fr. arbitrari.] The hearing and determination of a cause between parties in controversy, by a person or persons chosen by the parties.

Note: This may be done by one person; but it is usual to choose two or three called arbitrators; or for each party to choose one, and these to name a third, who is called the umpire. Their determination is called the award.
--Bouvier

Arbitration bond, a bond which obliges one to abide by the award of an arbitration.

Arbitration of Exchange, the operation of converting the currency of one country into that of another, or determining the rate of exchange between such countries or currencies. An arbitrated rate is one determined by such arbitration through the medium of one or more intervening currencies.

Related phrases:
Douglas Harper's Etymology Dictionary
arbitration

late 14c., "absolute decision," from Old French arbitracion, from Latin arbitrationem (nominative arbitratio) "judgment, will," noun of action from past participle stem of arbitrari "to be of an opinion, give a decision," from arbiter (see arbiter). Meaning "settlement of a dispute by a third party" is from 1630s.

Wiktionary
arbitration

n. 1 The act or process of arbitrate. 2 A process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute. 3 In general, a form of justice where both parties designate a person whose ruling they will accept formally. More specifically in Market Anarchist (market anarchy) theory, arbitration designates the process by which two agencies pre-negotiate a set of common rules in anticipation of cases where a customer from each agency is involved in a dispute.

WordNet
arbitration

  1. n. (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)

  2. the act of deciding as an arbiter; giving authoritative judgment; "they submitted their disagreement to arbitration" [syn: arbitrament, arbitrement]

Related phrases:
Wikipedia
Arbitration

Arbitration, a form of alternative dispute resolution (ADR), is a technique for the resolution of disputes outside the courts. The parties to a dispute refer it to arbitration by one or more persons (the "arbitrators", "arbiters" or " arbitral tribunal"), and agree to be bound by the arbitration decision (the " award"). A third party reviews the evidence in the case and imposes a decision that is legally binding on both sides and enforceable in the courts.

Arbitration is often used for the resolution of commercial disputes, particularly in the context of international commercial transactions. In certain countries such as the United States, arbitration is also frequently employed in consumer and employment matters, where arbitration may be mandated by the terms of employment or commercial contracts.

Arbitration can be either voluntary or mandatory (although mandatory arbitration can only come from a statute or from a contract that is voluntarily entered into, where the parties agree to hold all existing or future disputes to arbitration, without necessarily knowing, specifically, what disputes will ever occur) and can be either binding or non-binding. Non-binding arbitration is similar to mediation in that a decision cannot be imposed on the parties. However, the principal distinction is that whereas a mediator will try to help the parties find a middle ground on which to compromise, the (non-binding) arbitrator remains totally removed from the settlement process and will only give a determination of liability and, if appropriate, an indication of the quantum of damages payable. By one definition arbitration is binding and non-binding arbitration is therefore technically not arbitration.

Arbitration is a proceeding in which a dispute is resolved by an impartial adjudicator whose decision the parties to the dispute have agreed, or legislation has decreed, will be final and binding. There are limited rights of review and appeal of arbitration awards. Arbitration is not the same as:

  • judicial proceedings, although in some jurisdictions, court proceedings are sometimes referred as arbitrations
  • alternative dispute resolution (ADR)
  • expert determination
  • mediation (a form of settlement negotiation facilitated by a neutral third party)
Related phrases:

Usage examples of "arbitration".

High Contracting Parties, before appealing to the Permanent Court of Arbitration, shall conclude a special Agreement defining clearly the matter in dispute and the scope of the powers of the Arbitrators, and fixing the periods for the formation of the Arbitral Tribunal and the several stages of the procedure.

ON ROYAL ARBITRATION OF AMERICAN BOUNDARY LINE TO THE SENATE OF THE UNITED STATES The Senate has transmitted to me a copy of the message sent by my predecessor to that body on the 21st of February last, proposing to take its advice on the subject of a proposition made by the British Government through its minister here to refer the matter in controversy between that government and the Government of the United States to the arbitrament of the King of Sweden and Norway, the King of the Netherlands, or the Republic of the Swiss Confederation.

Senate has approved treaties providing for the submission of specific matters to arbitration, leaving it to the President to determine exactly the form and scope of the matter to be arbitrated and to appoint the arbitrators.

Unlike mediation, arbitration requires you to give up control of your dispute to the arbitrator, who takes the place of judge and jury.

Cases involving interpersonal disputes often are not well suited to arbitration, because problems with the relationship probably will not be discussed or decided.

Then, if that fails, an arbitration session is scheduled before a different neutral.

Lawyers, retired judges, and others sometimes promote themselves as independent arbitrators who hear cases on their own, outside of an arbitration service.

Staff members of the arbitration service or panel members with more general backgrounds may also be available.

These include reading the material sent by the arbitration firm, looking for someone who is knowledgeable about the subject area of the dispute, and getting referrals from friends, businesses, community leaders, lawyers, and others.

Nevertheless, a typical arbitration award simply orders one party to pay money to another.

Electoral rights shall be prepared to discuss every subject that the Government of the South African Republic may desire to bring before it, including arbitration, exclusive always of the intervention of Foreign Powers.

Van Boeschoten, Secretary of State to the Transvaal at that time, proposed arbitration, the arbitrator to be chosen by the President of the Swiss Confederation.

France by the law on optional arbitration, and in England by the Conciliation Act of 1896.

England and the Transvaal, the Arbitration Question is closely connected with the Suzerainty Question.

Government of the South African Republic proposes that the contested points of the Convention shall be submitted to arbitration, the arbitrator to be appointed by the President of the Swiss Confederation.