arbitration

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Related to arbitrate: arbitration clause, arbiter

ar·bi·tra·tion

(ahrbi-trāshŭn)
Dispute resolution conducted and overseen by someone with no stake in the outcome.

arbitration

(ar-bi-trā′shŏn) [L. arbitratio, decision]
1. A legal procedure for settling a dispute outside the courts, in which the parties select and agree to abide by the decision of a neutral third party (the arbiter or arbitrator).
2. In radiology, the interpretation of images by two or more readers, who determine and report their findings after conferring together.
References in periodicals archive ?
In our contract, Compass agreed to arbitrate grievances for the purpose of deciding disputes.
According to Reuters, Merrill Lynch, a unit of Bank of America Corp (NYSE: BAC), was fined for failing to arbitrate disputes with employees regarding retention bonuses.
Congress is currently considering legislation that would ban employers from requiring employees to agree to arbitrate employment disputes arising under anti-discrimination statutes.
Under normal circumstances, Fifa would only arbitrate in non-domestic transfer disputes but the thorny issue of Tevez's ownership prompted both clubs to ask for their help.
8) Indeed, "[m]any state legislatures also have enacted statutes that encourage the use of arbitration and ensure that agreements to arbitrate will be enforced according to their terms and conditions.
If the request to arbitrate is approved, the team manager will schedule a conference or conference call that will include a representative from the Chief, Appeals, Office of Tax Policy and Procedure.
The district refused, contending that it had the unilateral right to determine whether to arbitrate a grievance and contending that the faculty members' complaints should be resolved through collective bargaining.
State and federal courts have routinely upheld pre-dispute agreements between employers and individual employees to arbitrate various statutory employment claims.
NYSE will only arbitrate discrimination cases when parties involved agree to arbitrate after the dispute occurs.
Sue states repeatedly during her narrative that she has adopted mediation as a way of life (see Rehfuss, 2003); however, in this situation she seems unable to mediate the conflict between what she believes is her role as a mediator and the judges' position that she should arbitrate cases.
In Waffle House, the employee signed an agreement to arbitrate all employment disputes.
However, a well-developed body of case law now has emerged under the act, identifying several situations where a nonsignatory to an arbitration agreement still may be bound to arbitrate.