Settlement of disputes, especially between labor and management, by a neutral party authorized to appraise the facts and arguments and make a decision binding upon the disputants. Distinguished from "mediation" in which a neutral party proposes a solution but has no authority to make a binding decision.
AAT
3000122684
13yrs ago
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The Fitzwilliam Museum (2024) "Terminology definition for: arbitration" Web page available at: https://data.fitzmuseum.cam.ac.uk/id/terminology/term-24052 Accessed: 2024-12-19 13:48:25
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