Arbitration Meaning

There are 2 meaning(s) for word Arbitration

Meaning 1 : the act of deciding as an arbiter; giving authoritative judgment

    Example : they submitted their disagreement to arbitration

    Synonyms : arbitrament,  arbitrement
Meaning 2 : (law) the hearing and determination of a dispute by an impartial referee agreed to by both parties (often used to settle disputes between labor and management)