arbitration in a sentence

Definition

Arbitration is a method of resolving disputes in which an impartial third party makes a binding decision outside of the court system.

Arbitration is often preferred for resolving disputes outside of court.
The two companies entered into arbitration to settle their disagreement.
She was pleased with the outcome of the arbitration process.
Arbitration can be a quicker and less expensive alternative to litigation.
The parties agreed to submit their case to arbitration rather than go to trial.
He served as an arbitrator in a high-profile labor dispute.
Many contracts include an arbitration clause to avoid lengthy court battles.
The arbitration panel reached a unanimous decision after deliberation.
Arbitration allows for more flexible and tailored solutions compared to traditional court rulings.
The effectiveness of arbitration largely depends on the qualifications of the arbitrator.