arbitration
Pronunciation: [ˌɑːrbɪˈtreɪʃən]
Word
Context: "reach agreement"
(noun) a way to resolve a disagreement where someone who knows about the topic helps the two sides agree. It's like having a referee in a game who makes sure everyone plays fair and follows the rules.
Example
The arbitration helped the two companies come to a fair agreement without going to court.
Example
Without arbitration, they couldn't resolve their differences and ended up in a lengthy legal battle.
Example
How does arbitration help people settle their disputes?
Context: "legal context"
(noun) a process in law where a judge or an expert makes a decision to solve a dispute. This can happen instead of going to a regular court.
Example
The judge's arbitration was quick and saved both families a lot of time and money.
Example
The arbitration did not go well, and both sides were unhappy with the decision.
Example
Why did they choose arbitration instead of going to court?
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