An arbitration award (or arbitral award) is a determination on the merits by an arbitration tribunal in an arbitration, and is analogous to a judgment in a court of law. It is referred to as an `award` even where all of the claimant`s claims fail (and thus no money needs to be paid by either party), or the award is of a non-monetary nature. ==D......
Found on
http://en.wikipedia.org/wiki/Arbitration_award
An Arbitration Award is an agreement to submit to arbitration present or future disputes (whether they are contractual or not). The reference in an agreement to a written form of arbitration clause or to a document containing an arbitration clause constitutes an arbitration agreement if the reference is such as to make that clause part of the agree...
Found on
http://www.encyclo.co.uk/local/20456
No exact match found.
