arbitration

Meanings

• noun

  A process where a neutral third party, called an arbitrator, helps resolve disputes between two or more parties.

  - "The business partners decided to use arbitration to settle their disagreement."
  - "The arbitration process can be more cost-effective and faster than going to court."

• noun

  The power or authority given to an arbitrator to make a decision.

  - "The arbitrator's decision was final and binding."
  - "The arbitration award granted the plaintiff damages for lost profits."

---

Rhymes

Words rhyming with arbitration
adjudication , nation , fraternization , station

---

Variants

List of all variants of arbitration that leads to same result
arbitration , arbitrational , arbitrations

---

Etymology

origin and the way in which meanings have changed throughout history.

From the Latin arbitror, meaning 'I judge'.

---

Trivia

Any details, considerations, events or pieces of information regarding the word

1. Arbitration was used in ancient Greece to settle disputes between city-states.

2. The first recorded use of arbitration in the United States was in 1630.

3. The largest arbitration case in history involved a dispute between two oil companies, with damages totaling over $10 billion.

---

Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Mediation: A related concept to arbitration is mediation, which involves a neutral third party helping the parties in dispute come to an agreement. Mediation is often less formal and less expensive than arbitration.

2. Adjudication: Another related concept is adjudication, which refers to the process of making a formal judgment or decision. Arbitration is a form of adjudication, but it is often less formal and less costly than going to court.

---

Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Arbitration has been used since ancient times as a means of resolving disputes outside of the court system. It is often used in business and commercial transactions, as well as in labor disputes and international conflicts.

How to Memorize "arbitration"

1. visualize
   

   - Imagine a judge's gavel, symbolizing the authority of the arbitrator to make a final decision.

2. associate
   

   - Associate the word 'arbitration' with the idea of a neutral third party helping to resolve disputes.

3. mnemonics
   

   - Remember that 'arbitration' starts with the letter 'A', which can help you recall the meaning of the word.

---

Memorize "arbitration" using Dictozo

The best and recommended way to memorize arbitration is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:

1. Highlighting:

   Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.
2. Periodic Reminders:

   Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.