Arbitration
Arbitration is a means to settle a disagreement by turning it over to an impartial agent, the arbitrator. In order to properly carry out arbitration, an arbitrator is chosen by the two parties involved in the dispute.
Arbitration
From LoveToKnow 1911
ARBITRATION (Lat. arbitrari, to examine or judge), a term derived from the nomenclature of Roman law, and applied to an arrangement for taking, and abiding by, ...
Arbitration
A nonjudicial attempt to resolve a controversy using a neutral third party. By making arbitration a condition of the loan contract, many lenders impose arbitration on consumers.
National Rates ...
Arbitration
Key Concepts
Arbitration is an alternative to litigation. Its purpose is to resolve a dispute without resorting to expensive litigation within the court system.
Multiparty and Multicontract Arbitration
Best Practice ...
ARBITRATION
A nonjudicial submission of a controversy to selected third parties for settlement of the controversy in a manner provided by law or by agreement among the parties.
ATTORNEY AT LAW ...
arbitration clause
provision in a property insurance policy to the effect that in the event the insured and insurer cannot agree on the amount of a claim settlement, each appoints an appraiser. The appraisers select a disinterested umpire.
Arbitration is used in
Industrial disputes
Commercial disputes
International disputes over legal and trade issues ...
ARBITRATION - A process where disputes are settled by referring them to a fair and neutral third party ...
ARBITRATION PANEL - Is the group of Arbitrators selected to resolve a dispute.
A case initially submitted to the competent authorities as a request for an Advance Pricing Agreement (APA) is eligible for arbitration, but only to the extent tax returns have been filed with respect to all taxable years at issue.
Arbitration
A dispute mediating process in which each side selects their representative, in addition to the participation of a chosen third (impartial) individual.
Area Franchise (aka Area Development Agreement, Master Franchise) ...
Arbitration
A method of settling disputes between brokers and their clients, brokerage firms and clearing corporations, employees and their firms, and two brokerage firms. Arbitration has been adopted by all exchanges and securities associations.
Arbitration:
A dispute-resolution method in which an impartial third party, agreed upon by all sides beforehand, makes a decision.
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Arbitration: a legal method of resolving a dispute without going to court.
As-is Condition: the purchase or sale of a property in its existing condition without repairs.
Asking Price: a seller's stated price for a property.
Arbitration
The process of referring to an agreed person for judgement on issues of dispute, withoutrequiring the use of courts.
Area Code ...
Arbitration - Two parties agree to settle a dispute by binding themselves to the decision of a third-party referee outside of the courts; frequently used for customer disputes against stockbrokers and their firms.
arbitration: A method of resolving simple contract disputes by having both parties submit to settlement recommended by an agreed upon neutral mediator who also has the power to execute a settlement, as if administered in a court of law..
Arbitration
One method of settling disputes. The parties choose a third party to settle their disagreement. This is called binding arbitration when the parties also agree to abide by the arbitrator's decision.
Arm's length price ...
ARBITRATION - A system for resolving disputes in which two parties who have a disagreement involving the municipal securities activities of a broker-dealer may submit the disagreement to an impartial panel for resolution.
Arbitration
Arbitration is a way to resolve conflicts between parties or individuals, and may be considered middle ground between the more cooperative, informal nature of mediation and the more expensive, involved, ...
ARBITRATION
An arrangement through which two parties to a dispute agree to the appointment of an impartial chairperson or a group of competent persons to decide the disputed issue and agree in advance to abide by the decision rendered.
Arbitration: A method of settling disputes. The parties present their arguments to a panel of one or more arbitrators who will render a decision. There are no appeals from arbitration.
Arbitration
A method used to resolve disputes that requires an impartial third party to make a reasonable and fair decision for all parties involved.
ARBITRATION: Intervention of an impartial third party to settle disputes between two others. The decisions of this third party -- the arbitrator -- are legally binding, much like the ruling of a judge in a court of law.
Arbitration
A process in which a neutral third party hears both sides to a dispute and renders a decision. It is an alternative to using the legal process, which can be costly, and time consuming.
Area Development Rights ...
arbitration
A method where conflict between two or more parties is resolved by impartial persons - arbitrators. (See mediation) ...
arbitration
courts of law (who perform the service of dispute resolution backed by the power of the state)
diplomacy
incarceration (provides the service of keeping criminals out of society) ...
Arbitration - Is a process to resolve disputes for securities and futures markets. It can involve broker/dealers, clients, and employees of broker/dealers. There are different forums such as the NASD and NYSE.
Arbitration
Economics: Principles & Practices
Definition: method of settling a labor-management dispute whereby both sides place their differences before a third party whose decision will be final and binding; can be voluntary or compulsory (p.202) ...
ARBITRATION
A process where two parties who are not able to agree on a contract settlement submit the disagreement to an independent person or persons to resolve the disagreement.
Arbitration
For collectively bargained single employer plans, the bargaining agreement's grievance and arbitration procedure may double as a claims procedure.
Area Differential ...
provide arbitration and advice in case of professional disagreements,
the proposal of policies and guidelines regarding educational and professional standards, for members of ACI,
the drafting of summary reports relating to current market issues (e.
Practices in arbitration and law, e.g. the claim by Rushworth Kidder that ethics itself is a matter of balancing "right versus right", i.e. putting priorities on two things that are both right, but which must be traded off carefully in each situation.
Also, unlike arbitration, mediation is nonbinding, which means that if you're not happy with the outcome, you can stop the process, and either drop the issue or move to more formal proceedings.
Medicaid ...
Mediation and Arbitration and Accord and Satisfaction?
What is An example of an accord and satisfaction?
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Securities Industry Committee on Arbitration (SICA) A private group that provides mediation services in case of customer complaints against securities firms.
Inter-American Commercial Arbitration Commission
The IACAC administers a system for arbitrating and conciliating international commercial disputes throughout the Western Hemisphere.
mediation An informal and voluntary process intended to resolve conflicts, without resorting to any formal arbitration or litigation. Medicaid A federal and state-funded program, paying for medical care for those who are unable tot afford it.
Legal mediation is similar to arbitration, but less binding than arbitration for legal purposes. In mediation, both sides must agree fully to a settlement, rather than relying on a third-party arbiter to decide an outcome.
All disagreements resulting from this web page, using of services or contract(s) and in connection therewith shall be irrevocably arbitrated at Court of Arbitration at International Arbitration Centre of Santo Domingo (IACS), in Santo Domingo, ...
If you and your wife can remain on speaking terms, it's worth it to look into arbitration and use attorneys solely for the paperwork. Check with your local court system to see if your jurisdiction offers arbitration services or recommendations.
An umpire clause is the same thing as an arbitration clause. The arbitration process requires both the insurance company and the policy holder to hire an appraiser of their choosing to assess the damages and the cost to repair them.
It is responsible for rule writing, firm examination, enforcement and arbitration and mediation functions, along with all functions that were previously overseen solely by NASD, including market regulation under contract for NASDAQ, ...
employment income and damages for loss of employment received under a court judgment, arbitration award, or lawsuit settlement agreement;
periodic pension or superannuation benefits excluding those amounts received when leaving the plan; ...
A member of The World Bank Group, ICSID is an arbitration tribunal created in 1966 to settle investment disputes between governments and private foreign investors.
Related resources
More glossary definitions...
AWARD - Is the decision of an Arbitration Panel.
AWARD LETTER - Informs a student know how much financial aid he or she will qualify for in the upcoming...
Advisory Conciliation and Arbitration Service.
Similar financial terms
No similar financial terms found in the dictionary.
Termbox ...
Financial Industry Regulatory Authority (FINRA) Created in July 2007 through the consolidation of NASD and the member regulation, enforcement and arbitration functions of the New York Stock Exchange, ...
ACAS (Advisory, Conciliation and Arbitration Service) - A body which mediates where conflict exists in business.
Legal Actions
This is the total of all regulatory actions, arbitrations, criminal actions, civil judicial actions, bonds, bankruptcies, judgments and liens recorded with the NASD.
Whether it's reached mediation and the client wants to settle out of court or arbitration, it is the real estate lawyer's job and duty to protect their client and explain everything that is going on in an efficient and cost effective manner.
An alternative to formal litigation which includes techniques such as arbitration, mediation, and a non-binding summary jury trial.
Financial Industry Regulatory Authority (FINRA) - Is responsible for regulatory oversight of all securities firms that do business with the public; professional training, testing and licensing of registered persons; arbitration and mediation; ...
LCAI London Court of International Arbitration
LCVI Liquidity, Credit, and Volatility Index
LDCs Less Developed Countries ...
Industrial Relations Commission (IRC)
The Federal Government organisation responsible for the prevention, conciliation and arbitration of industrial disputes, in particular disputes related to federal awards.
of Securities Dealers), is the largest non-governmental regulator for all securities firms doing business in the United States. FINRA was created in July 2007 through the consolidation of NASD and the member regulation, enforcement and arbitration ...
assign top managers in the foreign country without regard to their nationality. They also guarantee that expropriation takes place only in accordance with accepted international rules, and access to impartial and binding international arbitration for ...
Such a strategy can produce relatively competitive teams in a small market while keeping player salaries relatively low. Of course, the exception proves the rule. Once these players win substantial salary increases through arbitration or become free ...
ARBITRATION -- Term used for the determination of a dispute by the judgment of one or more persons, called arbitrators, who are chosen by the parties and who normally do not belong to a normal court of competent jurisdiction ...
Conversion of one country's currency into that of another by means of still others is called arbitrage or arbitration of exchange.
Arbitration
Where the settlement of a dispute is sent before a third party for adjudication. Parties to the dispute agree in advance whether the decision of the arbitrator will be binding or not.
LRC (13th Edition)
Assets ...
 See also: Expense, Banks, Mergers, Saving, Values
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