ARBITRATIONS
14
Scrabble
16
WWF
A(1) R(1) B(3) I(1) T(1) R(1) A(1) T(1) I(1) O(1) N(1) S(1)
NWL/TWL ✓ Collins ✓ WWF ✓
Definition
noun
- The act or process of arbitrating.
- A process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute.
- In general, a form of justice where both parties designate a person whose ruling they will accept formally. More specifically in Market Anarchist (market anarchy) theory, arbitration designates the process by which two agencies pre-negotiate a set of common rules in anticipation of cases where a customer from each agency is involved in a dispute.
Source: Wiktionary
