arbitrement

/ɑrˈbɪtrəmənt/
noun
  1. The act or power of deciding or settling a dispute; arbitration.
    • After months of disagreement, they finally agreed to submit the matter to arbitrement.
    • The contract included a clause for arbitrement by a neutral third party.
    • The judge's arbitrement brought an end to the long legal battle.
  2. A decision or judgment made by an arbiter or arbitrator.
    • The company challenged the arbitrement in court.
    • The arbitrement was final and binding on both sides.
    • Everyone accepted the arbitrement as fair and reasonable.
What does "arbitrement" mean? | whatsthatwordmean | whatsthatwordmean