Outrageously Funny Word Dictionary :: Arbitrations

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What is the definition of arbitrations? 🙋

👉 In legal terms, an "arbitration" refers to a dispute resolution procedure that involves two or more parties (usually referred to as the "parties") seeking a decision from a neutral third party. The process typically includes the following steps: 1.

Discovery:

This involves gathering information and evidence relevant to the dispute. 2.

Mediation:

In some cases, the parties may choose to seek mediation instead of going through arbitration. This can be done through a mediator who is appointed by


arbitrations

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