arbitration
nounfemininetécnico/ɐɾbitɾɐˈʒɐ̃j̃/medium
ar·bi·tra·gem
Definition
The resolution of disputes outside of courts, by means of an arbitrator or arbitral tribunal.
The contract provides for dispute resolution by arbitration.
Arbitration is often faster and less expensive than court proceedings.
Etymology
Do francês 'arbitrage'.