Word Meanings - ARBITRATION - Book Publishers vocabulary database

The hearing and determination of a cause between parties in controversy, by a person or persons chosen by the parties. Note: This may be done by one person; but it is usual to choose two or three called arbitrators; or for each party to choose one,

Additional info about word: ARBITRATION

The hearing and determination of a cause between parties in controversy, by a person or persons chosen by the parties. Note: This may be done by one person; but it is usual to choose two or three called arbitrators; or for each party to choose one, and these to name a third, who is called the umpire. Their determination is called the award. Bouvier Arbitration bond, a bond which obliges one to abide by the award of an arbitration. -- Arbitration of Exchange, the operation of converting the currency of one country into that of another, or determining the rate of exchange between such countries or currencies. An arbitrated rate is one determined by such arbitration through the medium of one or more intervening currencies.

Possible synonyms: (Same meaning words of ARBITRATION)

• Mediation
• Interference
• interposition
• reconciliation
• atonement
• arbitration
• adjustment

Related words: (words related to ARBITRATION)

• INTERPOSITION
  insertion, fr. interponere, interpositum: cf. F. interposition. See 1. The act of interposing, or the state of being interposed; a being, placing, or coming between; mediation. 2. The thing interposed.
• RECONCILIATION
  1. The act of reconciling, or the state of being reconciled; reconcilenment; restoration to harmony; renewal of friendship. Reconciliation and friendship with God really form the basis of all rational and true enjoyment. S. Miller. 2. Reduction
• ARBITRATION
  The hearing and determination of a cause between parties in controversy, by a person or persons chosen by the parties. Note: This may be done by one person; but it is usual to choose two or three called arbitrators; or for each party to choose one,
• MEDIATION
  1. The act of mediating; action or relation of anything interposed; action as a necessary condition, means, or instrument; interposition; intervention. The soul by the mediation of these passions. South. 2. Hence, specifically, agency between
• ADJUSTMENT
  Settlement of claims; an equitable arrangement of conflicting claims, as in set-off, contribution, exoneration, subrogation, and marshaling. Bispham. 3. The operation of bringing all the parts of an instrument, as a microscope or telescope, into
• INTERFERENCE
  The mutual influence, under certain conditions, of two streams of light, or series of pulsations of sound, or, generally, two waves or vibrations of any kind, producing certain characteristic phenomena, as colored fringes, dark bands, or darkness,
• ATONEMENT
  1. Reconciliation; restoration of friendly relations; agreement; concord. By whom we have now received the atonement. Rom. v. 11. He desires to make atonement Betwixt the Duke of Gloucester and your brothers. Shak. 2. Satisfaction or reparation
• MISADJUSTMENT
  Wrong adjustment; unsuitable arrangement.
• READJUSTMENT
  A second adjustment; a new or different adjustment.
• PREADJUSTMENT
  Previous adjustment.
• IRRECONCILIATION
  Want of reconciliation; disagreement.
• COADJUSTMENT
  Mutual adjustment.
• MALADJUSTMENT
  A bad adjustment.
• INTERMEDIATION
  The act of coming between; intervention; interposition. Burke.