A process through which two or more parties designate a third party whose ruling they will accept formally.
the act of deciding as an arbiter; giving authoritative judgment; "they submitted their disagreement to arbitration"
negotiation to resolve differences conducted by some impartial party
(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)
the act of deciding as an arbiter; giving authoritative judgment
