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. Found on http://www.oasismanagement.com/glossary/
- (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) 2. [n] - the act of deciding as an arbiterFound on http://www.webdictionary.co.uk/definition.php?query=arbitration
The settling of a dispute by an arbitrator. 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. Where arbitrators cannot agree they may appoint an 'umpire'. The decision of an arbitrator is known as an 'award'.Found on http://www.encyclo.co.uk/local/20456
A process where devices compete for possession of the channel on a prioritized basis.
Found on http://www.encyclo.co.uk/local/20505
A process in which a neutral third party hears both sides to a dispute and renders a decision.Â It is an alternative to using the legal process, which can be costly, and time consuming.
Found on http://www.franchise-uk.co.uk/franchise-glossary.htm
A process by which two disputing parties come to a suitable conclusion.
Found on http://www.encyclo.co.uk/local/20662
Submission of a dispute to a third, unbiased party for settlement. It may be personal litigation (legal action), a trade-union issue, or an international dispute. Following the Hague Conventions...Found on http://www.encyclo.co.uk/local/20688
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.
Found on http://www.encyclo.co.uk/local/20912
Trade Association arbitration is cheaper, quicker and simpler than court proceedings
Found on http://www.elc.org.uk/pages/lawlegalglossary.htm
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.
Found on http://www.businessballs.com/businesscontractstermsdefinitionsglossary.htm
A particular procedure for resolving disputes outside of the courts using one or more neutral parties known as the arbitrator or the arbitration panel. Arbitration can sometimes use less formal methods than those followed in trial courts. This can sometimes lead to a faster and less expensive resolution. There are many types in arbitration in use. ...Found on http://www.own-it.org/knowledge/glossary-of-ip-terms
A voluntary but binding arbitration is available where an applicant is pursuing an unfair dismissal claim. The applicant must receive independent advice and the parties must agree in writing to be bound by the decision before proceedings. The hearing is private, there is a bar on any further tribunal hearing on the claim and the arbitrator can awar...Found on http://www.encyclo.co.uk/local/20921
[ French arbitration
, Latin arbitratio
, from arbitrari
.] The hearing and determination of a cause between parties in controversy, by a person or persons chosen by the parties. » This may be done by one person; but it is usual to choose two or three call...Found on http://www.encyclo.co.uk/webster/A/113
(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)Found on http://wordnetweb.princeton.edu/perl/webwn?s=arbitration
• (n.) The hearing and determination of a cause between parties in controversy, by a person or persons chosen by the parties.Found on http://thinkexist.com/dictionary/meaning/arbitration/
nonjudicial legal technique for resolving disputes by referring them to a neutral party for a binding decision, or `award.` An arbitrator may consist ... [4 related articles]Found on http://www.britannica.com/eb/a-z/a/94
Method of settling employment disputes through resource to an impartial third party whose decision is usually final and binding.
Found on http://www.encyclo.co.uk/local/21021
When a third party holds a formal meeting with both sides in a dispute to promote resolution of a grievance, a compromise, or a settlement of a lawsuit. The result of the arbitration may be binding on the parties. An arbitrator is usually court-appointed or chosen by the parties. Some union collective bargaining agreements require mandatory arbitra...Found on https://adata.org/glossary-terms
A method of alternative dispute resolution in which the disputing parties agree to abide by the decision of an arbitrator.Found on http://www.encyclo.co.uk/local/21681
a legal method of resolving a dispute without going to court.Found on http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/buying
A method where conflict between two or more parties is resolved by impartial persons - arbitrators - who are knowledgeable in the areas in controversy. (See mediation)Found on http://www.finra.org/Glossary/index.htm
A method of alternative dispute resolution in which the disputing parties agree to abide by the decision of an arbitrator(s).Found on http://www.lectlaw.com/def/a065.htm
n. a court officer, who is employed by a some party or some legal institution to manage some cause for them. Earliest records of the courts show first appearances of attorneys in England. By virtue of their work and duties performed, an attorney at law cannot be an attorney of both the litigating parties, in the same controversy.Found on http://www.encyclo.co.uk/local/21213
Arbitration is the determination of a dispute by an arbitrator or arbitrators rather than by a court of law. Any civil (i.e. non-criminal) matter may be settled in this way; commercial contracts often contain arbitration clauses providing for this to be done in a specified way. If each side appoints its own arbitrator, as is usual, and the arbitrat...Found on http://www.probertencyclopaedia.com/browse/AA1.HTM
Method of settling disputes which is usually binding on parties. A clause usually in a charter party.Found on http://www.insurexchange.com/glossary/maritime.htm
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