arbitration
English
Etymology
From Middle English arbitracion, borrowed from Old French arbitration, from Latin arbitratio, from arbitrari (“to arbitrate, judge”); see arbitrate.
Pronunciation
- (Received Pronunciation) IPA(key): /ˌɑː.bɪˈtɹeɪ.ʃən/, [ˌɑː.bəˈt̠͡ɹ̠eɪ.ʃn̩]
- (General American) IPA(key): /ˌɑɹ.bɪˈtɹeɪ.ʃən/, [ˌɑɹ.bəˈt̠͡ɹ̠eɪ.ʃn̩]
Audio (US) (file) - Rhymes: -eɪʃən
Noun
arbitration (countable and uncountable, plural arbitrations)
- The act or process of arbitrating.
- A process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute.
- 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.
Derived terms
- arbitration of exchange
- pendulum arbitration
Related terms
- arbiter
- arbitrable
- arbitrage
- arbitrary
- arbitrate
- arbitrator
Translations
the act or process of arbitrating
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process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute
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form of justice
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- The translations below need to be checked and inserted above into the appropriate translation tables. See instructions at Wiktionary:Entry layout § Translations.
Translations to be checked
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Further reading
- arbitration in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913
- arbitration in The Century Dictionary, New York, N.Y.: The Century Co., 1911
French
Pronunciation
Audio (file)
Noun
arbitration f (plural arbitrations)
- arbitration
Related terms
- arbitratif
Further reading
- “arbitration”, in Trésor de la langue française informatisé [Digitized Treasury of the French Language], 2012.