Definition

A method of resolving disputes where an independent person or group makes a decision that both parties agree to accept.

Example

The two companies decided to settle their disagreement through arbitration instead of going to court.

Conversation

Have you ever heard about arbitration for resolving disputes?

Yeah, I think it's a good way to avoid going to court.

Exactly! It can save time and money compared to a trial.

For sure, and it often leads to a fair outcome for both parties.

Synonyms & Antonyms

Root Explanation

Arbitration → It is formed from "arbitrare" (meaning to judge or to consider) and the suffix "-tion" (indicating the action or process). The word "arbitration" refers to the process of judging or resolving a dispute by an impartial third party.

Memory Tip

Think of someone 'judging' ('arbitrare') a disagreement — that's what arbitration means, the process of resolving a dispute.

Visually Confused Words