arbitration

US /ˌɑːr.bəˈtreɪ.ʃən/
UK /ˌɑːr.bəˈtreɪ.ʃən/
"arbitration" picture
1.

arbitrage, bemiddeling

the use of an arbitrator to settle a dispute

:
The union and management agreed to resolve their differences through arbitration.
De vakbond en het management kwamen overeen hun geschillen via arbitrage op te lossen.
International disputes are often settled by arbitration.
Internationale geschillen worden vaak beslecht door arbitrage.