dictionary.pt
arbitration
nounfemininetechnicalcommon/ɐɾbitɾɐˈʒɐ̃j̃/ar·bi·tra·gem
Definition
1The resolution of disputes outside of courts, by means of an arbitrator or arbitral tribunal.
Usage examples
“The contract provides for dispute resolution by arbitration.”
“Arbitration is often faster and less expensive than court proceedings.”