arbitration

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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 this article, mediation and binding arbitration (or voluntary trial resolution) are separately discussed as a backdrop to a discussion of med-arb.
as well adding, "Both parties have a position, but only Cablevision has joined with more than 50 government leaders with a solution, binding arbitration under the direction of a neutral third party.
Many employers embrace mandatory binding arbitration as a fast and effective way to handle disputes with their employees.
He predicted that, as a result of the new law, bargaining between transit districts and unions will go to binding arbitration "almost every time.
Mr Coulson confirmed the binding arbitration did not preclude the two men from taking BIA to an employment tribunal for unfair dismissal.
The Airport Company and Amicus have agreed that the dispute will be referred to a process of independent binding arbitration.
Federal mediators have offered to provide binding arbitration to Northwest Airlines and its mechanics union.
Recommend other improvements in the administration of the Income Tax Act, including repealing the withholding tax imposed on cross-border services, urging the Department of Finance to include binding arbitration provisions in Canada's tax treaties, and urging the Department of Finance and CCRA to streamline the reporting obligations of Canadian taxpayers in respect of their foreign affiliates.
WHEN THE FIFTH-LARGEST HOME builder in the country changes its policy on warranties and binding arbitration, builders notice--especially when arbitration is being touted as a key solution to construction defect lawsuits.
District Judge Susan Bucklew has recommended that the dispute about Al-Arian's employment be turned over to binding arbitration, under U of South Florida's collective bargaining agreement with employees.
upheld the enforceability of an employee's agreement to waive her right to a jury trial and submit any disputes with her employer to binding arbitration.
Generally, the FAA states that binding arbitration agreements in contracts, including employment contracts, are valid, irrevocable, and enforceable.