formal 10K+

Arbitration

UK //ˌɑːbɪˈtreɪʃən// US //ˌɑːr.bɪˈtreɪ.ʃən// Pronunciation

Definition

A process of resolving disputes outside of court by a neutral third party.

Listen to definition

In simple words: A way to solve disagreements outside of court.

Examples

• The company agreed to arbitration to resolve their contract dispute.
• Many prefer arbitration over litigation for its speed and cost efficiency.
• The arbitration process can lead to a binding decision by the arbitrator.
• Arbitration is often used in labor disputes to settle differences between employers and employees.
• We chose arbitration rather than going to court, hoping for a quicker resolution.

Usage notes

Commonly used in legal and business contexts. Not suitable for casual conversations.

Grammar pattern

use + object

Memory hint

Think of 'arbit' as 'arbitrate' to settle a dispute.

Collocations

• arbitration agreement
• arbitration clause
• binding arbitration
• arbitration process
• arbitration panel

Synonyms

• mediation
• settlement
• conciliation
• negotiation
• resolution

Common mistakes

• Confused with 'mediation' - arbitration is binding, mediation is not.
• Using it in non-legal contexts - avoid using 'arbitration' in everyday issues.
• Mispronouncing it - stress is on the third syllable.