单词 | arbitration |
释义 | arbitration arbitration a form of ALTERNATIVE DISPUTE RESOLUTION by which the determination of a dispute is entrusted to one or more independent27 arbitrator third parties rather than the court. While an arbitrator is bound to apply the law accurately, he may adopt a form of procedure that appears to him to be appropriate and is not bound by exclusionary rules of evidence. In Scotland, the arbitrator is known as an arbiter. |
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