ARBITRATORS Meaning and
Definition
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Arbitrators are individuals or entities appointed to settle disputes between parties. These impartial decision-makers are chosen by the involved parties to resolve conflicts, often through arbitration proceedings. Arbitration is an alternative method of dispute resolution used as an alternative to litigation in courts.
An arbitrator's primary role is to hear arguments, review evidence, and consider applicable laws or rules governing the dispute brought before them. They are responsible for rendering a legally binding decision or award that resolves the conflict and is enforceable by law.
The selection of arbitrators is typically done with the consent of both parties, aiming to ensure impartiality and fairness in the proceedings. Arbitrators are chosen based on their expertise, knowledge, and experience in the subject matter of the dispute. They might be legal professionals, industry specialists, or experts with technical knowledge related to the case.
The arbitrators operate within established rules and regulations, which may vary depending on the governing body or organization overseeing the arbitration process. These guidelines dictate important aspects such as the hearing format, evidence presentation, the timeline for reaching a decision, and the extent to which parties can appeal the award.
Overall, arbitrators play a crucial role in maintaining a fair and efficient resolution of disputes, providing an alternative to court litigation while ensuring that parties involved are bound by their decisions.
Top Common Misspellings for ARBITRATORS *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for ARBITRATORS
Etymology of ARBITRATORS
The word "arbitrators" has an etymology that can be traced back to Latin and ultimately comes from the Latin word "arbitrari", which means "to judge" or "to decide". This Latin term is derived from the noun "arbiter", which means "judge" or "witness". The noun "arbiter" itself was formed from the verb "ad-" (meaning "to" or "towards") and "bit-" (meaning "to go"), indicating a person who goes to witness or judge a matter. Over time, the term "arbitrator" was borrowed into English from the Latin root, referring to someone who acts as an impartial judge or a third party that settles disputes.
Similar spelling words for ARBITRATORS
- arbitrarily,
- arbitrage,
- arbitrageur,
- arbitrager,
- arbeiter,
- arbitrate,
- arbitrement,
- arbitration,
- arbitrary,
- arbitrament,
- arbitrable,
- arbitrational,
- arbitrative,
- arbitral,
- arbitrariness,
- arbitrator.
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