late 14c., "absolute decision," from Old French arbitracion, from Latin arbitrationem (nominative arbitratio) "judgment, will," noun of action from past participle stem of arbitrari "to be of an opinion, give a decision," from arbiter (see arbiter). Meaning "settlement of a dispute by a third party" is from 1630s.
1. UK employment law embodies arbitration and conciliation mechanisms for settling industrial disputes.
2. The judge said that arbitration was a fair and expeditious decision-making process.
3. The matter is likely to go to arbitration.
4. Both sides in the dispute have agreed to go to arbitration .
5. They signed a treaty to settle all border disputes by arbitration.