Outrageously Funny Word Dictionary :: Arbitry

👉 Arbitration is a process through which parties involved in a dispute (usually involving two or more parties) can agree to resolve their disputes through a neutral third party, known as an arbitrator. The arbitrator makes a decision based on the facts of each case and the law applicable to it. In general, arbitration allows for quicker resolution of disputes than traditional litigation, which may involve lengthy legal proceedings in court or even trial. It is often used when parties cannot reach agreement through other means,

arbitry