Arbitration

Arbitration
Arbitration Ar`bi*tra"tion, n. [F. arbitration, L. arbitratio, fr. arbitrari.] The hearing and determination of a cause between parties in controversy, by a person or persons chosen by the parties. [1913 Webster]

Note: This may be done by one person; but it is usual to choose two or three called arbitrators; or for each party to choose one, and these to name a third, who is called the umpire. Their determination is called the award. --Bouvier [1913 Webster]

{Arbitration bond}, a bond which obliges one to abide by the award of an arbitration.

{Arbitration of Exchange}, the operation of converting the currency of one country into that of another, or determining the rate of exchange between such countries or currencies. An arbitrated rate is one determined by such arbitration through the medium of one or more intervening currencies. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Игры ⚽ Поможем написать реферат
Synonyms:

Look at other dictionaries:

  • arbitration — arbitrage (франц.) = Schiedsgerichtsbarkeit (нем.) арбитраж, разрешение спора нейтральным лицом или органом, полномочия которого основаны на арбитражном соглашении (arbitration agreement) и чье решение носит окончательный и обязательный характер …   Glossary of international commercial arbitration

  • arbitration agreement — compromise arbitral (франц.) = Schied svereinbarung (нем.) соглашение, которое имеет своей целью передачу спора на рассмотрение в арбитраж (arbitration). Арбитражное соглашение может быть заключено до или после возникновения спора как в виде… …   Glossary of international commercial arbitration

  • arbitration costs — frais d arbitrage (франц.) = Schiedskosten (нем.) расходы, связанные с проведением арбитража. Обычно включают в себя оплату услуг арбитров (fee), компенсацию понесенных ими в связи с арбитражным разбирательством расходов, оплату сбора… …   Glossary of international commercial arbitration

  • arbitration clause — clause compromissoire (франц.) = Schiedsklausel (нем.) арбитражная оговорка, статья договора, предусматривающая рассмотрение споров в арбитраже. Является наиболее распространенной формой фиксации арбитражного соглашения (arbitration agreement).… …   Glossary of international commercial arbitration

  • arbitration rules — règlament d arbitrage (франц.) = Schieds(gerichts)ordnung (нем.) регламент, правила проведения арбитражного разбирательства, которыми согласились руководствоваться стороны. Большинство регламентов институциональных арбитражей (institutional… …   Glossary of international commercial arbitration

  • Arbitration — • A method of arranging differences between two parties by referring them to the judgment of a disinterested outsider whose decision the parties to a dispute agree in advance to accept as in some way binding Catholic Encyclopedia. Kevin Knight.… …   Catholic encyclopedia

  • arbitration — ar·bi·tra·tion /ˌär bə trā shən/ n [Latin arbitratio, from arbitrari to judge, arbitrate, from arbiter onlooker, arbitrator]: the process of resolving a dispute (as between labor and management) or a grievance outside of the court system by… …   Law dictionary

  • ARBITRATION — ARBITRATION, method of settling disputes by their submission, voluntarily and with the mutual consent of all parties, for adjudication by a person or institution. Function of Arbitration In ancient Greek and Roman law – up to the middle of the… …   Encyclopedia of Judaism

  • Arbitration — steht für einen juristischen Vermittlungsvorgang, siehe Schiedsverfahren, bzw. die verwandte Mediation eine elektronische Schaltung, siehe Arbiter Diese Seite ist eine Begriffsklärung zur Unterscheid …   Deutsch Wikipedia

  • arbitration — A dispute resolution mechanism, whereby an independent neutral third party is appointed to hear and consider the merits of the dispute, and who renders a final and binding decision called an award. (Dictionary of Canadian Bankruptcy Terms) United …   Glossary of Bankruptcy

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”