LEGAL WORD
Arbitration
Legal term · Dispute resolution
Arbitration
- Type: Legal term
- Area of law: Dispute resolution
1 What it means
A private method of resolving disputes where parties appoint an arbitrator whose award is binding, under the Arbitration and Conciliation Act, 1996.
2 Use it in a sentence
The contract required all disputes to go to arbitration in Mumbai.
3 Make it stick
Write your own sentence using Arbitration about a case or topic you are studying this week, then check it against the meaning above.
4 Related words
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