arbitration(redirected from going to arbitration)
Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia.
Related to going to arbitration: went to arbitration, Binding arbitration
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.