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arbitration

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Noun arbitration has 2 senses
  1. arbitration - (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)
    --1 is a kind of     mediation
    Derived form: verb arbitrate1
  2. arbitration, arbitrament, arbitrement - the act of deciding as an arbiter; giving authoritative judgment; "they submitted their disagreement to arbitration"
    --2 is a kind of judgment, judgement, judicial decision
    Derived form: verb arbitrate1
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