See Also: Arbitration(law)
Arbitration(money)
arbitration(dictionary)
arbitration(encyclopedia)
Arbitration(finance)
arbitration(dictionary)
Arbitration agreement(medicine)
Arbitration agreement(health)
Agreement, arbitration(health)
Arbitration panel(finance)

Arbitration (law)




A form of alternative dispute resolution in which the parties bring their dispute to a neutral third party and agree to abide by his or her decision. In arbitration there is a hearing at which both parties have an opportunity to be heard.









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The hearing of a dispute by an impartial third person or persons (chosen by the parties), whose award the parties agree to accept.







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A form of alternative dispute resolution in which an authorized individual sits as the arbiter of a legal dispute in lieu of a formal judicial proceeding. Arbitration may be binding or non-binding, depending on the agreement of the parties. Even if arbitration is binding, appeals to a district court can still be made in some cases. Very often, arbitration tends to be less formal, less expensive and faster. However, courts in a trademark infringement or dilution case can often hear a motion for temporary injunction very quickly as well, if all the requirements for a temporary injunction are met.







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A method of alternative dispute resolution in which the disputing parties agree to abide by the decision of an arbitrator.







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A method of dispute resolution in which the disputing parties agree to abide by the decision of an arbitrator instead of going to Court.







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Arbitration in a lemon law context is an informal and usually useless process that consumers may use to try and resolve a warranty dispute outside of the court system by presenting it to a third party (ie. the Dispute Settlement Board, Better Business Bureau, etc.) for a decision. In California it is legally binding on the manufacturer only.







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A determination made by impartial persons (often experts) as to the value of property or the extent of damage. In arbitration the proceeding is typically far less formal that a court proceeding, but the decision of the arbitrator is final, absent fraud. A







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A process where the people in a dispute agree to allow a third person not a judge to decide their disagreement.