arbitrament

/ɑrˈbɪtrəmənt/
noun
  1. The act of settling a dispute by an arbitrator or by a process agreed upon by both sides.
    • After months of negotiation, the contract dispute was finally resolved through arbitrament.
    • The union and management chose arbitrament to avoid a long court battle.
    • The two companies agreed to submit their disagreement to arbitrament.
  2. The decision or judgment made by an arbitrator.
    • The arbitrament required the landlord to refund the deposit within 30 days.
    • Both parties accepted the arbitrament as final and binding.
    • The arbitrament was fair, but neither side was completely happy.
Antonyms
What does "arbitrament" mean? | whatsthatwordmean | whatsthatwordmean