English-Dutch translations for arbitration

  • arbitratie
  • arbitrage
    Of we dit nu bemiddeling of arbitrage of nog iets anders noemen, is niet de crux. Whether we call it mediation or arbitration or whatever is not the crucial issue. Het resultaat van deze arbitrage is van essentieel belang. This arbitration outcome is essential. De zaken die door middel van arbitrage in hetkader van de WTOworden behandeld, kunnen jaren in beslag nemen en ook erg duur zijn. Cases dealt with through arbitration within the WTO framework can last for years and prove very costly.

Definition of arbitration

  • The act or process of arbitrating
  • In general, a form of justice where both parties designate a person whose ruling they will accept formally. More specifically in Market Anarchist 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

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