Meaning of the word arbitrate in English

What does arbitrate mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

arbitrate

US /ˈɑːr.bə.treɪt/
UK /ˈɑː.bɪ.treɪt/
"arbitrate" picture

Verb

to reach an authoritative judgment or settlement of a dispute

Example:
The committee was formed to arbitrate disputes between employees.
A neutral party was called in to arbitrate the contract negotiations.