• (RP) IPA: /ˌɑː.bɪˈtɹeɪ.ʃən/, [ˌɑː.bəˈt̠͡ɹ̠eɪ.ʃn̩]
  • (GA) IPA: /ˌɑɹ.bɪˈtɹeɪ.ʃən/, [ˌɑɹ.bəˈt̠͡ɹ̠eɪ.ʃn̩]


  1. The act or process of arbitrating.
  2. A process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute.
  3. In general, a form of justice where both parties designate a person whose ruling they will accept formally. More specifically in Market Anarchist (market anarchy) theory, arbitration designates the process by which two agencies pre-negotiate a set of common rules in anticipation of cases where a customer from each agency is involved in a dispute.
Translations Translations Translations

This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.006
Offline English dictionary