Added 9 October 2026
arbitration
/ˌɑː.bɪˈtɹeɪ.ʃən/ noun
In Latin: arbitrium Wiktionary
noun Definition from Wiktionary (CC BY-SA). Pronunciation from Wiktionary, via Kaikki.org. More about arbitration at Wordnik → Where our words come from →
- The act or process of arbitrating.
- A process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute.
- 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.
Origin
From Middle English arbitracion, borrowed from Old French arbitration, from Latin arbitratio, from arbitrari (“to arbitrate, judge”); see arbitrate.
From Wiktionary, via Kaikki.org (CC BY-SA)