English-Greek translations for arbitration

  • διαιτησίαΕίτε το ονομάζουμε διαμεσολάβηση, είτε διαιτησία είτε οτιδήποτε άλλο, δεν έχει καμία σημασία. Whether we call it mediation or arbitration or whatever is not the crucial issue. Μια θετική πτυχή ήταν η δημιουργία ενός παράγοντα διαιτησίας, η λειτουργία του οποίου θα είναι χρήσιμη για τους καταναλωτές. One good feature was the introduction of an arbitration body, which will be helpful for consumers. Και όμως, η συγκεκριμένη αρχή δεν περιλαμβάνεται στη συμφωνία διαιτησίας. And yet, this principle has not been enshrined in the arbitration agreement.

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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