These sample sentences are automatically selected from various online information sources to reflect the current use of the word „arbitration.“ The opinions expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us your feedback. The types of disputes dealt with or resolved by arbitration are: Thesaurus: All synonyms and antonyms for arbitration This legal process is different from other judicial proceedings based on justice or evidence. Rather, it is used to settle disputes between private parties, politicians and a private party, public institutions and civil servants. In the health care sector, for example, arbitration may determine a carrier`s liability for monetary claims filed by an insured person. A decision is a judicial decision or judgment that is generally final, but can also relate to the process of resolving a court case or to an action by the court or judicial system. This is usually the final judgment or decision in a case that determines the course of action in relation to the question asked. Arbitration describes the legal process that helps speed up and resolve a problem between two parties. The outcome of the trial is a verdict and an opinion of the court that is legally binding.
Most hearings involve disputes involving monetary or non-violent violations that result in the distribution of rights and obligations for all parties involved. The conditions for a full decision include the necessary notification of all interested parties (all legally interested parties or those who have a legal claim affected by the disagreements) and the opportunity for all parties to have their evidence and arguments heard. The formal rules of evidence and procedure govern the procedure in which the initiating party or Trier gives an opinion establishing the facts in dispute and establishes all applicable laws. The notice also sometimes describes the nature of the dispute between the parties, indicating where and when the dispute took place, and the desired outcome depending on the law. However, there are no specific requirements for the notification of the decision. Usually, a judgment represents the final verdict or statement in a case. Arbitration can also refer to the process of validating an insurance claim and decree in bankruptcy proceedings between the defendant and creditors. Britannica.com: Encyclopedia article on nglish arbitration: Translation of arbitration for Spanish speakers An arbitrator is then appointed and a message is sent to the defendant. The defendant or defendant invokes a defence against the plaintiff`s request for a decision. The arbitrator gives the plaintiff and defendant an opportunity to present their arguments at a hearing and make a final decision.
This is not too different from an arbitrator in an arbitration hearing when a commercial dispute is resolved. borrowed from the Latin adjÅ«dicÄtiÅn-, adjÅ«dicÄtiÅ „Deed of assignment (by a judge)“, to adjÅ«dicÄre „adjudge“ + -tiÅn-, -tiÅ, suffix of the names of action. . . .