ARBITRATING Meaning and
Definition
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Arbitrating refers to the process of resolving a dispute or disagreement between two or more parties through a neutral third party known as an arbitrator. This method of alternative dispute resolution is typically chosen when parties prefer a more private and less formal setting than a courtroom.
In the context of legal disputes, arbitrating involves the submission of the conflict to an arbitrator who has the authority to render a binding decision. The arbitrator is chosen by mutual agreement of the parties or a designated institution, and they must be impartial and independent. The arbitrator reviews the evidence and arguments presented by each side, and after careful consideration, delivers a decision called an arbitral award. This award is legally binding on the parties involved.
Arbitrating can be conducted following a set of established rules or guidelines, such as those outlined by various domestic and international arbitral institutions. The process allows the parties to have control over the selection of the arbitrator, as well as flexibility regarding the timing and location of the proceedings.
Arbitrating is often chosen as an alternative to litigation, as it generally offers a more expeditious and cost-effective solution for resolving disputes. It provides parties with the opportunity to have their case heard and decided by an expert in the field, thus ensuring a fair and balanced outcome.
Common Misspellings for ARBITRATING
Etymology of ARBITRATING
The word "arbitrating" is derived from the Latin word "arbitrari", which means "to give judgment" or "to act as an arbitrator". This Latin term is further derived from the Latin word "arbiter", which refers to a judge or referee. The term was later anglicized and entered the English language in the early 15th century. In essence, "arbitrating" stems from the Latin roots meaning to judge or decide in a dispute or conflict.
Conjugate verb Arbitrating
CONDITIONAL
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would arbitrate
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FUTURE
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will arbitrate
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will arbitrate
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FUTURE PERFECT
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will have arbitrated
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PAST
I
arbitrated
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arbitrated
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PAST PERFECT
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had arbitrated
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PRESENT
I
arbitrate
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arbitrate
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arbitrate
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arbitrate
PRESENT PERFECT
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have arbitrated
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have arbitrated
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have arbitrated
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am arbitrating
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are arbitrating
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was arbitrating
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had been arbitrating
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will have been arbitrating
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would have arbitrated
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