Arbitrator
Arbitrator
Arbitrator (/ɑːrˈbɪtreɪtər/), derived from the Latin word arbitratus, is a person or entity that is officially appointed to settle a dispute between two parties. The term is commonly used in the context of legal disputes, alternative dispute resolution, and arbitration proceedings.
Etymology
The term Arbitrator originates from the Latin word arbitratus, which means 'judgment, decision'. It is derived from the verb arbitrari, meaning 'to give a decision'.
Role and Responsibilities
An Arbitrator's primary role is to review the facts of a dispute and make a decision that is legally binding and enforceable. They are often chosen for their expertise in a particular field relevant to the dispute. The decision made by an Arbitrator is called an arbitration award.
Related Terms
- Arbitration: A method of resolving disputes outside of court, where a neutral third party (an Arbitrator) makes a decision.
- Mediation: A process in which a neutral third party assists the disputing parties in reaching a mutually acceptable solution. Unlike Arbitration, the mediator does not make a decision.
- Conciliation: A process similar to Mediation, but the conciliator may propose a solution to the dispute.
- Dispute resolution: The process of resolving disputes between parties.
See Also
External links
- Medical encyclopedia article on Arbitrator
- Wikipedia's article - Arbitrator
This WikiMD article is a stub. You can help make it a full article.
Languages: - East Asian
中文,
日本,
한국어,
South Asian
हिन्दी,
Urdu,
বাংলা,
తెలుగు,
தமிழ்,
ಕನ್ನಡ,
Southeast Asian
Indonesian,
Vietnamese,
Thai,
မြန်မာဘာသာ,
European
español,
Deutsch,
français,
русский,
português do Brasil,
Italian,
polski