A means to settle issues concerning policy coverage for a certain loss or liability.

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

A process of dispute resolution where a neutral third party renders a decision.

An arbitrator is appointed by the parties to make a binding decision from which there are very limited grounds of appeal. A long established alternative to litigation in court - indeed so established that many do not consider it to be a form of ADR at all, but that ADR is an alternative to it. In many ways arbitration mimics the court process, in that documentation is voluminous and solicitors and barristers commonly appear at hearings, although the strict rules of evidence do not apply. It may be cheaper and quicker than court, though this is debatable.

A hearing between two or more parties that is decided by a third party as a means of settling a dispute.

The involvement of a third party, agreed by both sides, to settle a disagreement. Both parties agree to abide by the third party's decision when both arguments have been heard. The decision is legally binding and arbitration is designed to avoid expensive and lengthy court proceedings.

when litigants, by agreement, submit their dispute to an impartial person who is not a judge. That person, the arbitrator, hears testimony and evidence to reach a decision based upon the evidence and the law. The decision is usually binding on the parties. In divorces the decision is customarily approved by a judge and the arbitrator is required to have special training or certification. The litigants usually pay a flat fee, hourly charge or daily charge to the arbitrator.

the process by which a neutral outside party acts as a "judge," taking evidence and issuing a binding ruling on a contract grievance or other dispute.

Dispute resolution technique in which both parties agree to submit their cases to a private individual or body for resolution. A forum for the fair and impartial settlement of disputes. NFAâ€(tm)s arbitration program provides a forum for resolving futures related disputes.

A process of dispute resolution where both parties agree to abide by the decisions of a neutral third party.

When a person who isn't involved in a case looks at the evidence, hears the arguments, and makes a decision.

Settlement of a dispute between the opposing parties. An arbitration usually abides the ruling of an arbitration panel. According to the SET arbitration regulation requires the opposing parties to appoint one arbitrator each to the arbitration panel, which is chaired by an arbitrator appointed by the SET. The SET arbitration regulation enables speedy and economical settlement of civil disputes between its Members or between a Member and its client.

A procedure used by an acquirer on behalf of the merchant to resolve a chargeback-related dispute with a card issuer.

An alternative dispute resolution method that uses a neutral third party (i.e. arbitrator) to resolve individual, group or labor-management conflicts and issue a binding decision.

A written agreement to refer present or future differences to arbitration is called a submission. The submission of a matter in dispute to arbitration for a determination by an arbiter (instead of a court), eg some leases provide that where the parties fail to agree on rent to be paid on renewal the amount will be fixed by an arbitrator.

System for resolving disputes without reverting to a court. The International Chamber of Commerce rules can be referred to in a contract

The hearing and determination of a case in controversy by a person with power to decide a dispute

a process by which insurance companies usually settle their differences when one company subrogates against another. The decision at arbitration is final and binding.

A form of alternate dispute resolution where the disputants present their dispute to an impartial third party for decision after a hearing where both sides have an opportunity to be heard. Arbitration may be binding or nonbinding based on the agreement of the parties.

A proceeding where both sides submit their dispute to the binding decision of arbitrators rather than judges

Intervention of a third party to solve a civil or commercial dispute under the alternative dispute resolution methods being developed by the EU. (See judicial-civil)

A formal process of dispute resolution in which there are stringent rules of evidence, cross-examination of witnesses, and a legally binding decision made by the arbitrator that all parties must obey.

A dispute resolution process that is binding: disputing parties agree in advance to be bound by the arbitrator's decision. The arbitrator acts as a private judge in a closed and private court. The arbitrator's final decision is based on the evidence and testimony of all parties provided at a hearing convened by the arbitrator. For information about IDA's arbitration process, click here.

The binding resolution of disputes by one or more neutral persons, as a substitute for judicial proceedings; may be invoked only by agreement of the parties to the dispute, but such agreement may be arrived at before there is an actual dispute, for example, through a clause in a contract.

A process of settling a dispute through an impartial party. It is used as an alternative to litigation.

A method of deciding a dispute in which all parties involved agree that an outside person or group should “arbitrate,” or decide upon, a binding resolution to the disagreement.

Process in which a neutral third party (arbitrator) hears arguments from disputants, then issues a decision. Whether court-annexed or private, this process tends to be more formal and judicial than other ADR processes, but less formal than a court procedure. Depending on the situation, an arbitrator's decision can be either binding by law or non-binding. The exact nature of the process and decision is usually prescribed before hand by court rule or a contract.

An out of court proceeding to resolve a civil matter. This is a form of alternative dispute resolution. Usually one or more unrelated third parties, called arbitrators, hear a matter and make a decision that may or may not be binding on the parties.

the intervention into a dispute of an independent, private, and impartial third party who is given the authority by the parties to make a decision on how the conflict will be settled.

The determination of a dispute by a disinterested third party.

A process that involves the submission of a dispute to an arbitrator who renders a decision after hearing arguments and reviewing evidence. It is most widely used in commercial and labor management disagreements and for civil court cases. Arbitration is generally more informal, less complex, quicker. and less expensive than formal court proceedings. It is performed by anyone acceptable to the parties. Lawyers. retired judges, and professionals from various disciplines conduct the proceedings.

The determination of a dispute by a disinterested third person, or persons, selected by the disputants.

Private dispute resolution process, often referred to as alternate dispute resolution, in which the parties agree to submit their dispute to an impartial third party for a decision. Depending on the type of arbitration, the arbitrator's decision may or may not be binding. Several organizations, including the American Arbitration Association and JAMS-Endispute, handle arbitration claims. Courts may require some disputes be submitted to arbitration instead of or prior to the formal trial process.

An out-of-court hearing and resolution of a dispute by an independent individual agreed upon by the parties or appointed by a court. This procedure is usually more informal and expeditious and less costly than a court trial.

A process where two parties who are not able to agree on a contract settlement submit the disagreement to an independent person or persons (appraisers, who in turn appoint an umpire) to resolve the disagreement.

A process through which a third party (the arbitrator) makes a decision. In terms of dismissal, 24 PS 11-1133 of the School Code allows the professional employee to choose to have the association ".... grieve and arbitrate the validity of a professional employe's termination...." if the collective bargaining agreement so provides. The professional employee has the right to choose to file a grievance under the collective bargaining agreement or to request a hearing under the provisions of the School Code but not both.

a method of settling disputes through the intervention of a third party whose decision is final and binding. Page 146

A proceeding whereby both sides to a lawsuit agree to submit their dispute to arbitrators, rather than judges. The arbitration proceeding is expeditious and is legally binding on all parties.

Final and binding arbitration proceeding set forth in the Grievance Procedure of the collective bargaining agreements covering bargaining unit employees. The cost of the arbitration is borne by the loser or split if the arbitrator's decision is split.

is the submission of a dispute to one or more impartial persons for a final and binding decision. Through contractual provisions, the parties may control the range of issues to be resolved, the scope of relief to be awarded, and many procedural aspects of the process.

An attempt to resolve a dispute using a neutral third party. By making arbitration a condition of the loan contract, many lenders impose arbitration on consumers.

A method of alternative dispute resolution in which parties contractually agree to have an arbitrator rule on the merits of their claims. In the construction industry the arbitrator’s decision, called an award, normally is binding upon the parties.

Process by which conflict between two or more parties is resolved by a neutral third party.

Arbitration is a process in which an impartial professional listens to presentations made by the disputants, and then issues a decision that settles the conflict. The result is binding on all parties who have agreed in advance to accept the arbitrator's decision.

When settlement cannot be reached, the Commissioner hands down a decision that binds both parties to resolve the issue. The decision or order may take the form of an award.

is an informal legal process that consumers may use to obtain a resolution of their lemon law case. The decision of the arbitrator is not legally binding on the consumer, but it is binding on the manufacturer. It is a dangerous tool to use, however, because a decision against the consumer may be used by the manufacturer in any future legal proceeding, and that decision has the same weight as if made by a judge in a court of law, even though the arbitrator may have no legal experience or automotive expertise. Note too, that in California arbitration is not a prerequisite for filing a lemon law claim nor for filing a lawsuit against a manufacturer. And don't let the dealer tell you otherwise. Finally, before resorting to arbitration, ask yourself "Who is paying for the arbitration

Having a disputed matter settled by a third party who is not a judge.

A meeting ordered by the court where an appointed arbitrator negotiates a binding settlement between disputing parties.

a form of alternative dispute resolution in which an arbitrator (a neutral decisionmaker) issues a judgment on the legal issues involved in a case after listening to presentations by each party. Arbitration can be binding or nonbinding, depending on the agreement among the parties before the proceeding.

A method of mediating disputes whereby each side chooses their representative, and a third (impartial) individual is chosen.

A system of dispute settlement in which an independent third party (e.g. Queensland Industrial Relations Commission) considers a dispute between two or more parties, and having taken submissions, decides upon the basis of agreement. The decision is then binding on the parties.

A nonjudicial adversarial hearing to determine the obligations and the rights of the parties to an insurance contract.

a dispute resolution process in which an independent third party makes a decision which is legally binding on the participants as the means of resolving the dispute. One of the dispute resolution processes used by the Australian Industrial Relations Commission.

An arbitration is the settlement of a dispute by bringing in another person (an arbitrator) to help in the settlement. An arbitrator can help when there is a dispute between management and labor (the bosses and the workers) to prevent a strike. An arbitrator can also help settle a dispute between partners when the business is partnership is being dissolved (they decide to quit running the business). In general, arbitration is less expensive and more satisfying than having to go to court to settle a distpute.

An informal trial proceeding used to settle disputes rather than pursuing formal court proceedings. A decision by an arbitrator can be either binding (final decision) or non-binding (parties may ignore decision).

The term used to describe a form of dispute resolution that occurs outside of the court system, usually by private agreement between parties. Basically, arbitration is a dispute resolution system where the parties submit arguments and evidence to a neutral person, known as the arbitrator, who then renders a decision, called an award, based upon the evidence and arguments presented.

The procedure an Acquirer may use to resolve a complaint with a Card Issuer on behalf of the establishment.

Settling of a dispute by an outside person or persons, chosen by both sides.

Means of settling a dispute between two parties in which the matter is decided by a third party chosen by the two disputants.

An unbiased person or panel is used to resolve a dispute over the responsibility for -or extent of- a loss. Arbitration is an alternative to going to court to settle a dispute.

An arbitrator is appointed by the parties to make a binding decision from which there are very limited grounds of appeal. In many ways arbitration is not unlike the court process. Surroundings are similar, although usually more informal and solicitors and barristers commonly appear at hearings. Strict rules of evidence, however, do not apply. An arbitration decision is generally enforceable worldwide.

An alternative to the legal system for solving a dispute between you and a contractor. Arbitration means a third-party will resolve the dispute between you and the contractor. In most cases the arbitration firm will be decided on before work begins and referenced in your contract.

The process by which the parties to a dispute submit their differences to the judgment of an impartial person or group appointed by mutual consent or statutory provision.

1. Civil Actions Purs. Part 28 Rules of Court (see Specialty Section: ARBITRATION). 2. Small Claims and Commercial Claims: Hearing by an attorney, upon the signed consent of the parties, who renders an award-judgment which is binding (not appealable). 3. Purs. To Article 75 CPLR, (Outside Court) which can be confirmed, modified, etc.; via Special Proceeding.

Labor and management empower an impartial third party to act as a judge and hand down a legally binding decision that both sides agreed in advance to accept. The decision is called an award.

Reference of a dispute to one or more impartial persons chosen by the parties to the dispute to determine their rights and/or obligations. The parties agree in advance to abide by the arbitrament. Each party has a chance to be heard.

A means of settling disputes, as between a student and a school, in which one or more independent arbitrators or judges listen to both sides, and make a decision. A means of avoiding a courtroom trial. Many learning contracts have an arbitration clause. See binding arbitration; mediation.

Arbitration is the submission of a dispute to one or more independent third person(s) who act(s) as a judge and issue(s) a decision that is legally binding and enforceable upon the parties. Cases that are arbitrated are generally resolved faster than conventional lawsuits because there is less bureaucracy and court congestion is not a problem. The arbitrator is generally someone who has subject matter expertise in the matter in dispute and, as such, he is able to issue a generally well-reasoned award. The arbitrator is someone either appointed by the parties or appointed by an institution that the parties may designate as the appointing authority. Unlike a judge, however, the arbitrator does not have the power to enforce his own award, and the prevailing party must go to court to ask for enforcement if the arbitral award is not obeyed. [see: FAQ to know more about Arbitration

A process in which an investor files a claim for recovery of lost investment funds against a broker or brokerage company. The claim may settle or proceed to a hearing before a three-member panel of arbitrators.

is a process in which two or more persons agree to let an impartial person or panel make a decision to resolve their dispute.

Source: Economics: Principles & Practices Definition: method of settling a labor-management dispute whereby both sides place their differences before a third party whose decision will be final and binding; can be voluntary or compulsory (p.202)

Non-judicial resolution of dispute. Arbitration usually (in auto insurance) concerns matters of at fault parties in an accident, resulting liability for injury and levels of such injury. Arbitration is conducted by a single neutral arbitrator. If the parties cannot agree on an arbitrator, then each shall select and the two so selected shall appoint the single neutral arbitrator. In auto insurance if the dispute involves the value of the vehicle or the amount of damage the resolution may be accomplished by appraisal which is conducted by three vehicle appraisers. (See Appraisal)

A binding process in which a third party is hired to make a decision in a dispute between an insurance company and a consumer.

The adjudication upon a dispute by an independent person appointed on foot of an arbitration clause in an agreement or contract, or otherwise by agreement, as opposed to having resort to the Courts to determine such a dispute. Close

a process whereby parties to a dispute submit their disagreement to a neutral arbitrator who weighs and assesses the evidence and makes a final and binding decision or award

A means of settling a dispute between parties through an impartial party; the decision is final and binding.

process by which an outsider is authorized to dictate the terms of a settlement of a dispute if a voluntary agreement can not be reached

Referral to impartial but knowledgeable parties when the company and the claimant cannot agree on the value of a claim. The arbitrator's decision is binding on both parties.

A hearing is held before a mutually acceptable, impartial individual or panel of individuals who make a decision on the merits of a case, after hearing the presentation of evidence and oral argument. Arbitration may be binding or non-binding, voluntary or compulsory, formal or informal and may take place pursuant to the Arbitration Act (Alberta) or under an agreement between the parties.

A means of resolving disputes using an independent arbitrator as opposed to a court of law - RICS provide such a service. Often used for lease contract disputes, rent reviews etc. The Small Claims procedure in the County Courts is an arbitration service

a method of amicable dispute resolution

A method of dispute settlement in which an independent third party considers the arguments of both sides and then makes a ruling which is binding on both parties in the dispute.

The hearing and determination of a dispute by an impartial referee agreed to by both an employee and an employer. The process is legally binding on both parties.

An inquiry conducted by the Tribunal into a future act determination application which takes into account the effect of the future act on the enjoyment by the native title party of their registered native title rights and interests (among other things) and the economic or other significance of the future act and the public interest. The arbitration (inquiry) leads to the Tribunal making a determination as to whether the future act can be done and, if so, whether conditions should be imposed.

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.

Process that uses a neutral third party to make a decision.

Arbitration is a procedure for the settlement of disputes, under which the parties agree to be bound by the decision of an arbitrator whose decision is, in general, final and legally binding on both parties. It is governed by both statute law and the common law. The principal legislation in England and Wales is the Arbitration Act 1996. As a dispute resolution procedure arbitration is the only means of dispute resolution which is an alternative to litigation because an arbitrator's award is final, binding and enforceable summarily in the courts. Chartered Institute of Arbitrators

process of submitting a disputed matter to selected person(s) and accepting their decision as a substitute for a decision by a court or in the case of ADR, the WCAB.

The assignment of a civil case to an impartial third party for a decision.

The main alternative to the court system where the parties have the power to decide many of the procedures that will govern the conduct of their arbitration. The decision is binding in law.

the settling of disputes between parties who agree not to go before courts, but rather to accept as final the decision of experts of their choice, in a place of their choice, usually subject to laws agreed upon in advance and usually under rules which avoid much of the formality, niceties, proof and procedure required by the courts.

A method of settling disputes between two or more opposing factions by agreeing to appoint a neutral third party and abiding by that person's decision.

A process for deciding a legal dispute without having to go to court.

A determination made by impartial experts of the value of property or the extent of damage. Arbitration is an alternative to litigation of matters in dispute.

A process of solving a dispute. A third person is asked to hear the two sides of the story and then make a decision.

A process in which a neutral third party hears both sides to a dispute and renders a decision. It is an alternative to using the legal process, which can be costly, and time consuming.

Method of settling disputes by which labor and management present their cases to an impartial third party, called an arbitrator, who has the responsibility of decidig the case. (APTA)

A procedure for resolving disputes out of court by an impartial third party chosen by the disputing parties who agree to abide by the decision of the arbitrator. While disagreements and disputes involving real estate often result in court action, disputing parties sometimes agree to settlement through arbitration.

is a process in which the parties to a dispute present arguments and evidence to a dispute resolution practitioner (the arbitrator) who makes a determination.

A dispute mediating process in which each side selects their representative, in addition to the participation of a chosen third (impartial) individual.

Alternative to trial where parties agree to appoint an individual or panel to make a binding award or decision based on the evidence and testimony presented.

Process used by acquirers to resolve a chargeback related dispute with an issuer.

A form of alternative dispute resolution where an unbiased person or panel renders an opinion as to reponsibility for or extent of a loss.

Hearing of a dispute and determining its outcome by a mutually-agreed-upon third party. Can be binding or non-binding.

is a process in which the parties to a dispute present arguments and evidence to a neutral third party (the arbitrator) who makes a determination. (NADRAC's Definitions Paper)

using a neutral third person to resolve a dispute instead of going to court. Unless the parties have agreed otherwise, the parties must follow the arbitrator's decision.

A privately conducted trial to resolve a dispute. Arbitration can be binding (in which case there is no appeal), or non-binding, in which an appeal may be possible.

Is a process to resolve disputes for securities and futures markets. It can involve broker/dealers, clients, and employees of broker/dealers. There are different forums such as the NASD and NYSE.

An informal trial to resolve a dispute before a neutral party or parties (arbitrators) who hear testimony, apply the law and render a decision. Arbitration may be mandatory (required by law or contract) or non-mandatory. It may be binding (no right of appeal) or non-binding (right of appeal is reserved).

Procedure whereby parties to a dispute appoint an arbitrator to settle the dispute. The arbitrator's decision is final and the parties are bound by it.

A method of settling a labor-management dispute by having an impartial third party hold a formal hearing, take testimony, and render a decision. The decision is usually binding upon the parties.

Arbitration is a method of resolving a dispute in which the disputants present their case to an impartial third party, who then makes a decision for them which resolves the conflict. This decision is usually binding. Arbitration differs from mediation, in which a third party simply helps the disputants develop a solution on their own.

A method of arriving at an acceptable agreement between two disputing parties. An independent person or body, often a member of the Institute of Arbitrators, listens to the arguments of both parties and then makes a decision which is binding on all concerned.

It is a term used when two disputing parties come to a consensual conclusion.

The process of using neutral outsiders (arbitrators) to resolve a dispute between at least two parties.

A process by which two disputing parties come to a suitable conclusion.

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.

A very common mediating process used to resolve disputes between franchisors and franchisees. When using arbitration, a neutral third party hears both sides to the dispute and makes a binding decision.

A simplified trial. The arbitrator is appointed as a temporary judge by the court. The arbitrator hears the evidence like a jury would through witnesses and/or documents. The arbitrator makes rulings of law and fact and, after hearing the evidence, issues a ruling as to liability (fault), comparative fault, and the nature and amount of damages, if any. This decision is written into the form of an order. The parties have thirty days from the date of the order to reject the ruling. If they do not reject the ruling it becomes a final judgment, is entered into the court record, and the case is over with that order controlling the rights and responsibilities of the parties.

A method of settling a labor-management dispute by having an impartial third party hold a formal hearing, take testimony and render a final and binding decision. See also "interest arbitration" and "rights arbitration"

A dispute resolution process in which the parties (and/or their attorneys) present their cases to a decision maker, called the arbitrator, who renders a decision in the case, which is not appealable.

A method of settling disputes by submitting them to an impartial third party whose decision is final and binding. (See also Mediation.)

Wording included in export contracts introducing an independent third party negotiator into the dispute resolution in lieu of litigation.

An alternative to a lawsuit in which a neutral third party hears both sides to a dispute and renders a decision.

A legally binding, but not a judicial procedure. When a neutral third party makes judgment on a case. This is not permitted in most states or provinces.

A procedure to resolve a dispute between two parties without resorting to litigation.

The non-judicial submission of a controversy to selected third parties for their determination in the manner provided by agreement or by law.

The process of settling differences relating to loss under an insurance policy between the insured and the insurer. Each party selects a representative who in turn selects a disinterested arbitrator whose decision or award is binding upon both parties to the insurance contract.

The procedure of settling disputes between members, or between members and customers.

Extra-judicial mode of dispute resolution through which disputing parties waive their right to go to court and decide to ask independent third parties to resolve their dispute. The recourse to this system can be decided either before or after the arising of the dispute. (FR:Arbitrage, IT:Arbitrato, DE:Schlichtung)

Parties in dispute come together to present their sides of the story to an impartial arbitrator who acts as an impartial judge and makes a decision on the dispute.

process where a third party determines the merits of different viewpoints, such as labor and management and issues a decision

This is a small claims procedure (for debts not exceeding £5,000). Arbitration generally occurs where a summons has been issued and the defendant denies that the debt is owed. In this situation, the Court would set a hearing date, where both parties are to attend the Court and the matter is heard in a District Judge"s Chambers (Office). It is an informal procedure and is quite different to open Court (as generally seen on TV).

A legal hearing that is less formal than a trial in which the parties to a lawsuit present evidence and testimony to a neutral arbitrator or a board of arbitrators who evaluate the evidence and then enter an award in favor of one party or the other.

The act of having a third party render a binding decision in a dispute between two parties.

A method of settling a legal dispute without a court trial. Arbitration is often used to avoid expensive legal fees and clogging the courts. Both parties to the dispute agree to have their case heard by a panel of independent experts who are not judges and to adbide by the ruling of the panel. The panel my be retired judges, or one provided by the American Arbitration Association.

The procedure used to determine the responsibility for a chargeback-related dispute between two members.

A method of settling disputes by reference to an independent and impartial third party, usually an arbitrator appointed by the President of the RICS. Arbitration is essentially an adjudication of the arguments of the parties, and as such differs from independent expert determination.

The procedure a Member can use to resolve a chargeback-related dispute between two Members. MasterCard or Visa resolves the dispute between Members and decides responsibility for the fines, which may be assessed to the participating Members.

With arbitration, disputing parties give a mutually acceptable, neutral third party the authority to decide how their dispute should be resolved. The parties are bound by the Arbitrator's decision. Under the Commercial Arbitration Act, arbitration decisions cannot be appealed, except for legal or procedural issues.

A method of settling a dispute by utilizing an impartial individual or individuals. All exchanges and securities associations have adopted a Code of Arbitration through which all disputes between firms, employees and firms, and firms and clearing corporations are settled.

This is when and independent third party attempts to resolve a dispute between two other parties (rather than resort to legal action).

a form of conflict resolution in which a neutral third party hears both parties' arguments and renders a decision.

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.

The resolution of a dispute by a person chosen by the opposing parties, who have agreed in advance to abide by the decision of the third party.

submitting a disputed matter for decision to a person who is not a judge. The decision of the arbitrator is usually binding and final.

() A legal method for settling disputes between a landlord and a tenant using a mutually agreed upon third party. Often used as a means of avoiding court actions.

A dispute resolution procedure where an expert person makes a decision to resolve the dispute• Time with

A process where disputes are settled by referring them to an impartial third party (arbitrator) chosen by the disputing parties who agree in advance to abide by the decision of the arbitrator. There is a hearing where both parties have an opportunity to be heard, after which the arbitrator issues the decision.

An alternative in which parties agree to have a neutral person make decisions in matters relating to their case. The parties can stipulate to make the arbitrators decisions binding. Usually the decision cannot be appealed.

Method of settling employment disputes through recourse to an impartial third party, whose decision may be final (binding) or may be a recommendation (advisory).

Procedure in which an insurance company and the insured or a vendor agree to settle a claim dispute by accepting a decision made by a third party.

A method of settling disputes between brokers and their clients, brokerage firms and clearing corporations, employees and their firms, and two brokerage firms. Arbitration has been adopted by all exchanges and securities associations. A pre-dispute arbitration clause in a customer's brokerage account agreement is customary and assures that disputes will be arbitrated by objective third parties and preclude court cases.

A way to settle a dispute, instead of going to trial, in which an impartial party called an "arbitrator" hears the arguments and makes a sometimes binding decision for the parties.

The submission by two contesting parties of their disagreement to an impartial arbitrator, usually agreeing that his ruling in the dispute will be binding and final.

Lender's have separate independent Ombudsmen or arbitration schemes. The Ombudsmen or arbitrators are available to resolve certain complaints made by you if the matter remains unresolved through internal complaints procedures.

The procedure available to customers for the settlement of disputes.

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

A non-litigation method of dispute resolution. An Alternative Dispute Resolution method. Allows an objective third party to settle disputes between parties without resorting to court. Binding arbitration involves the parties agreeing to be bound by the decision of the arbitrator. It is binding on all parties. Litigation is precluded.

If you can't settle a dispute with your own insurer, you have a choice of suing them in court, or having the case decided (“arbitrated”) by the Financial Services Commission. They have staff arbitrators who act much like judges in that they hold a hearing, listen to evidence, and make decisions on your case Arbitrators do not deal with your case against the persons who caused your injuries

Settling a dispute by using a referee. If a dispute goes to arbitration it is settled by an independent referee. It avoids having to use the courts to settle the dispute.

The formal determination of a dispute by an independent person, without involving a court of law.

A form of impasse resolution in which an impartial third party rules in favor of the employer or your bargaining agent either on specific issues or on each side's complete package of proposals; in some cases, arbitration may produce a compromise package.

The submission for determination of a disputed matter to private unofficial persons selected in a manner provided by law or by agreement.

Determination by impartial experts of the value of property or the extent of damage. Many insurance polices provide for appraisals when the company and you cannot agree on the amount or the extent of a loss. Arbitration also may be used to resolve liability and policy-coverage issues in certain situations.

A method of settling disputes where labor and management present their case to an impartial third party, called an arbitrator, who has the responsibility of deciding the case.

Submission of controversies, by the agreement of the parties thereto, to person chosen by themselves for determination.

The settlement of a dispute by a neutral third party chosen to hear both sides and render a decision. It is an alternative to expensive litigation.

Settlement of a dispute by independent third parties, rather than by a court.

A method of resolving contract disputes without filing a lawsuit. The participants in a contract agree to a dispute resolution process in which a neutral party, the arbitrator, hears the matter and issues a binding decision mandating the resolution of the conflict. Arbitration decisions may be appealed to the courts under very limited circumstances.

The procedure by which a dispute may be resolved by a person who is not a judge. Arbitration is often used to limit legal costs to both parties.

The reference of a dispute for decision to a person or persons other than a court. This may be by agreement between the parties or because it is required by legislation. The procedure is private but, unlike mediation, the arbitrator's decision is binding and he is bound to conduct himself as a judge would in court.

A form of quasi-judicial dispute resolution where an unbiased person or panel gives an opinion about quantum of loss.

A means of arriving at an acceptable agreement between two disputing parties. An independent person or body hears the arguments of both parties and makes a decision that is then binding on all concerned. Often conducted by members of the Institute of Arbitrators.

A process for deciding a legal dispute out of court; a substitute for an ordinary trial.

A form of alternative dispute resolution in which a neutral third party (an arbitrator) considers the competing parties´ arguments and evidence and renders a decision or award. Arbitration can be binding or non-binding.

Form of alternative dispute resolution in which parties bring dispute to a neutral third party and agree to abide by decision reached. Decisions usually cannot be appealed.

A method of dispute resolution involving one or more neutral third parties who conduct an arbitration hearing, according to specified rules and procedures, to determine who is right and who is wrong on selected issues and whose decision in either binding or non-binding. Binding arbitration is a method of dispute resolution where an arbitrator or panel of arbitrators conducts a hearing for the purpose of deciding which party or parties are to receive an award that is binding on all of the parties. Non-binding arbitration is a method of dispute resolution where an arbitrator or panel of arbitrators conducts a hearing for the purpose of deciding which party or parties are to receive an award that is non-binding on all of the parties.

In Las Vegas the standard real estate contract includes: "Before any legal action is taken to enforce any term or condition under this Agreement, the parties agree to engage in mediation, a dispute resolution process, through GLVAR. Notwithstanding the foregoing, in the event the buyer finds it necessary to file a claim for specific performance, this paragraph shall not apply."

The hearing and settlement of a dispute between opposing parties by a third party whose decision the parties have agreed to accept.

A method of settling disputes. The parties present their arguments to a panel of one or more arbitrators who will render a decision. There are no appeals from arbitration.

A method of settling a labor-management dispute by having an impartial third party decide the issue. The decision of the third party (arbitrator) is usually binding.

Any of the dispute resolution processes involving a mutually acceptable neutral making a decision on the merits of the case, after an informal hearing.

A formal process in which the dispute is referred to a neutral third party. The spouses must agree in advance to accept the arbitrator's decision.

using an independent third party to settle disputes without going to court. The third party acting as arbitrator must be agreed by both sides. Contracts often include arbitration clauses nominating an arbitrator in advance.

Arbitration is a method of resolving any claim, dispute or controversy without filing a lawsuit.

Determination by impartial experts of the value of property or the extent of damage. Many insurance policies provide for appraisals where the company and the insured cannot agree on the amount or the extent of a loss.

A formal proceeding conducted by a neutral third party (the arbitrator) who is given power to make a final decision affecting the dispute. Arbitrations are separate from court proceedings. The parties jointly select and pay for the arbitrator.

A nonjudicial proceeding used as an alternative to court action where a neutral third party (arbitrator) is utilized to resolve a dispute by the issuance of a binding decision as to law and fact.

A method of resolving a dispute in which a third party renders a decision.

A dispute resolution mechanism designed to help aggrieved parties recover damages.

Webster says "the hearing and determination of a case in controversy by a person or persons chosen by the parties or appointed under statutory authority. The arbitration may be agreed to by the parties, may be required by a provision in a contract for settling disputes, or may be provided for under statute.

in nearly every brokerage client account form, there is an arbitration clause--which means that the client agrees to arbitrate disputes with his or her broker. Arbitration is supposed to be a cheaper and quicker alternative than the court system.

settlement of a dispute by an independent person, whose decision is to be accepted by both parties. It is an alternative to legal action.

Settlement of a dispute by the decision of a chosen or accepted person acting as judge or empire.

Settlement of a difference by a person or persons agreed on by the parties in dispute. The arbitrator's decision is called an award.

Long used as an alternative to litigation in commercial and labor disputes, this dispute resolution process offers less formal procedures, abbreviated presentations and the undivided attention of the neutral(s). The arbitrator rules on discovery requests and disputes. The process can be binding or non-binding.

Specific means by which civil disputes may be settled out of court; in California, regulated by civil code. (Instrument, Article V, Section 4, Item 9)

Where a person called an arbitrator hears evidence and makes a legally binding decision about a dispute The arbitrator is usually a person with experience in the subject of the dispute.

A process for deciding a legal dispute out of court. In Maricopa County, all civil cases, which seek a judgment of $50,000 or less, must go to arbitration. Where arbitration produces a settlement, there is no need for litigants to incur the cost of trial.

The submitting of matters of controversy to judgment by persons selected by all parties to the dispute.

By agreement - non-judicial person(s) hears evidence and make an award which can be confirmed by the court into a judgement. May be either binding or non-binding.

The process of resolving a dispute or a grievance outside of the court system by presenting it to an impartial third party or panel for a decision that may or may not be binding.

a less expensive and quicker alternative to the court system; most brokerage client account forms include an arbitration clause, indicating that the client agrees to arbitrate disputes with her or his broker

Process that is more formal than mediation but that also involves a neutral third party; after presentation of both sides a third person decides issue. Normally the third person has experience in the area.

An informal hearing held regarding a dispute. The dispute is judged by a group of people (generally three) who have been selected by an impartial panel. Once a decision has been reached, there is no appeal process with arbitration. The process is faster and less costly than going to court.

A process where disputes are settled by referring them to a fair and neutral third party (arbitrator). The disputing parties agree in advance to agree with the decision of the arbitrator. There is a hearing where both parties have an opportunity to be heard, after which the arbitrator makes a decision.

A process in which one or more individuals are selected by opposing parties to settle a dispute outside of court. The decision of an arbitrator is generally binding.

The process of resolving disputes between people or groups by referring them to a third party, either agreed on by them or provided by law; that third party makes the judgment.

A process by which, instead of going to court, disputing parties ask a third person to listen to their arguments and then to make a decision which they agree to follow.

A proceeding for resolution of disputes in which a neutral person, after hearing both sides, makes a final and binding decision that resolves the dispute. A hearing is used to resolve disputes.

alternative dispute resolution method by which an independent, neutral third person ("arbitrator") is appointed to hear and consider the merits of the dispute and renders a final and binding decision called an award. The process is similar to the litigation process as it involves adjudication, except that the parties choose their arbitrator and the manner in which the arbitration will proceed. The decision of the arbitrator is known as an "award." Compare with mediation.

an "alternative dispute resolution" method (i.e., an alternative to a lawsuit) in which a third party attempts to negotiate a fair settlement between two parties involved in a dispute. (See Chapter 44, Florida Statutes)

A mini-trial, which may be held in place of a court trial and conducted by a single person or a panel of three people who are not judges. The arbitrators generally are former judges or experienced lawyers. Generally arbitrations are less expensive and occur more quickly than jury trials. Arbitration awards may be converted into a legal judgment on petition to the court, unless some party has protested that there has been a gross injustice, collusion or fraud.

The settling of a dispute by an arbitrator.

Settlement of claims differences or disputes between one member and another and between a member and his clients, authorised clerks, sub-brokers, etc., through appointed arbitrators. It is a quasi-judicial process that is faster and is an inexpensive way of resolving a dispute. The Exchange facilitates the process of arbitration between the members and their clients. The disputes between the parties are resolved through an arbitration in accordance with the bye-laws of the exchange.

A way of settling disputes by calling in a neutral party whose decision is final and binding.

An Alternative Dispute Resolution method. Allows an objective third party to settle disputes between parties without resorting to court. Binding arbitration involves the parties agreeing to be bound by the decision of the arbitrator. This method was either previously agreed to by the disputing parties or stipulated by law.

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

A method of resolving simple contract disputes by having both parties submit to settlement recommended by an agreed upon neutral mediator who also has the power to execute a settlement, as if administered in a court of law..

The settlement of disputes between two parties by a third party known as an arbitrator

Arbitration is an informal process that consumers may use to obtain speedy resolution of a warranty dispute without having to go to court, and it is legally binding on the manufacturer only. At an arbitration hearing, the seller and buyer testify before an impartial arbitrator about the condition and repair history of the vehicle.

a means of settling disputes legally without going to court where the issue concerns the amount of a claim and not liability. A qualified person or persons whose appointment has been agreed to by the parties involved, will hear the case and give a decision.

A method used to resolve disputes that requires an impartial third party to make a reasonable and fair decision for all parties involved. The impartial third party must be agreed upon by all sides involved in the dispute before a decision can be made.

a process in which an impartial attorney trained in arbitration or a retired judge decides a dispute instead of the court; if the parties consent to arbitration, the arbitrator's decision is final; otherwise, a dissatisfied party may request a trial before the court

A process for settling disputes between parties that is less structured than court proceedings. NFA 's arbitration program provides a forum for resolving futures-related disputes between NFA members or between NFA members and customers. Other forums for customer complaints include the American Arbitration Association.

A traditional, private dispute process in which the parties agree to be bound by the decision of a neutral third party, the arbitrator, whose award is usually legally enforceable as a court judgement.

Arbitration is a long established alternative to litigation (which may not always be less complex) and which involves an arbitrator reaching a judgment, which is binding on both parties.

Dispute settlement conducted outside the courts by a neutral third party. May or may not be binding.

A low cost method of solving disputes, see Full Arbitration and Consumer Arbitration.

The hearing and settlement of a dispute between opposing parties by a third party. This decision is often binding by prior agreement of the parties.

Dispute resolving method involving a third party decision.

A process in which an impartial third party listens to both sides of a dispute and typically issues a binding decision.

For statistical reporting purposes, the assignment of a civil case to an impartial person, as required by a contract between the parties, for an abbreviated trial-like proceeding that results in a binding decision. Assignment of a case to contractual arbitration removes the case from the court's control.

For statistical reporting purposes, the assignment of a civil case to an impartial person appointed by the court for an abbreviated trial-like proceeding. Assignment of a case to judicial arbitration does not remove the case from the court's control. Judicial arbitration starts on the date on which the Notice of arbitration is mailed and ends on the date the arbitrator's award is filed with court or the arbitrator is removed from the case.

The process by which an independent third party is brought in to settle a dispute or to preserve the interest of two conflicting parties.

A dispute resolution process in which the parties, or their attorneys, present evidence and make arguments to a single decision maker called an arbitrator, or a panel of three arbitrators, sometimes referred to as a tribunal, who makes a decision in the case. The decision is binding unless the parties agree it will not be binding.

An out-of-court process of achieving a binding resolution of a dispute between two or more parties by a third party or parties selected pursuant to contract, statute or otherwise. Much like a judge, the arbitrator issues a ruling which is binding except in very limited circumstances.

Arbitration is a dispute settlement method that is commonly used to resolve disagreements between investors and their brokers. The chief purpose of a pre-dispute arbitration clause in a customer's brokerage account agreement is to avoid lengthy, expensive court battles by assuring that all disputes will be decided by an arbitration panel composed of objective third parties.

A dispute-resolution method in which an impartial third party, agreed upon by all sides beforehand, makes a decision.

A method of settling disputes through the intervention of a third party whose decision is final and binding Such a third party can be either a single arbitrator or a board consisting of a chairperson and one or more representatives. Arbitration is often used to settle major grievances and for settling contract interpretation disputes.

Arbitration is a legal technique for the resolution of disputes outside the courts, wherein the parties to a dispute refer it to one or more persons (the "arbitrators" or "arbitral tribunal"), by whose decision (the "award") they agree to be bound. In the United States and other countries, the term is sometimes used in the context of describing alternative dispute resolution (ADR), a category that more commonly refers to (a form of settlement negotiation facilitated by a neutral third party). It is more helpful, however, simply to classify arbitration as a form of binding dispute resolution, equivalent to litigation in the courts, and entirely distinct from the various forms of non-binding dispute resolution, such as negotiation, , or non-binding determinations by experts.

The process that determines the correctness of a medical providerâ€(tm)s bill or frequency of treatment.

The final step in the disputeresolution process. See also :ArbitrationCommittee.