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Meaning of word arbitration from English dictionary with examples, synonyms and antonyms.

arbitration   noun

Meaning : (law) the hearing and determination of a dispute by an impartial referee agreed to by both parties (often used to settle disputes between labor and management).

Meaning : The act of deciding as an arbiter. Giving authoritative judgment.

Example : They submitted their disagreement to arbitration.

Synonyms : arbitrament, arbitrement