C1nounformallawbusiness
US/ˌɑːr.bəˈtreɪ.ʃən/
UK/ˌɑː.bɪˈtreɪ.ʃən/
a way of settling a dispute in which an independent person or panel decides the outcome
In context
The two companies agreed to go to arbitration instead of taking the case to court.
The union asked for independent arbitration after weeks of failed talks.
Any disagreement under this contract will be settled by binding arbitration.
Words that go with arbitration
verb + preposition
- go to arbitrationBoth sides decided to go to arbitration.
- submit to arbitrationThey agreed to submit the dispute to arbitration.
adjective + noun
- binding arbitrationThe contract requires binding arbitration.
- international arbitrationInternational arbitration is common in trade disputes.
noun + noun
- arbitration panelThe arbitration panel will announce its decision on Friday.
- arbitration clauseThere is an arbitration clause in every contract we sign.
Common mistakes
Incorrect:
The case was solved by arbitrate.Correct: The case was settled by arbitration.