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Arbitration   /ˌɑrbɪtrˈeɪʃən/   Listen
noun
Arbitration  n.  The hearing and determination of a cause between parties in controversy, by a person or persons chosen by the parties. 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.
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.






Collaborative International Dictionary of English 0.48








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"Arbitration" Quotes from Famous Books



... most fortunate of men: and the exceptions, as they regard those who possessed the poetic faculty in a high yet inferior degree, will be found on consideration to confine rather than destroy the rule. Let us for a moment stoop to the arbitration of popular breath, and usurping and uniting in our own persons the incompatible characters of accuser, witness, judge, and executioner, let us decide, without trial, testimony, or form, that certain motives of those who are "there sitting where we dare not soar", are reprehensible. Let us ...
— English literary criticism • Various

... not believe in fighting on the one hand nor in an anaemic and temporary thing like arbitration on the other. All that men really do in arbitration is to hire their listening done for them ...
— The Ghost in the White House • Gerald Stanley Lee

... at fifteen million five hundred thousand dollars against Great Britain by the arbitrators who met at Geneva, Switzerland, and the northwestern boundary line between the United States and British America was settled by arbitration, the Emperor of Germany acting as arbitrator and deciding ...
— Comic History of the United States • Bill Nye

... support an "ESTABLISHED CHURCH," in Marshpee. With this view I have proposed to Mr. Fish, in behalf of the Indians, to make up an amicable suit, before the Supreme Court, and obtain their opinion, and the parties be governed by it. The Indians are ready to submit it to such an arbitration. Mr. Fish declines. The only other remedy is an injunction in chancery, to stop the cutting of wood. The Indians are not well able to bear the expense, at present, or this course would be taken to recover their property. Until some legal decision is had, Mr. Fish cannot but see, from an examination ...
— Indian Nullification of the Unconstitutional Laws of Massachusetts - Relative to the Marshpee Tribe: or, The Pretended Riot Explained • William Apes

... If arbitration is ever to take the place of war, it must be backed by a corresponding array of physical force. Now the question immediately arises: Are we prepared to arm any International Tribunal with any such powers? Personally, I am not.... Turn back some fifty years to the great struggle ...
— Peace Theories and the Balkan War • Norman Angell


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