arbitration
[/ˌɑːr.bɪˈtreɪ.ʃən/]
nounfemininepl: arbitrações
arbitragem
1. the process of resolving a dispute by submitting it to an arbitrator or arbitrators rather than to a court of law
The two companies agreed to settle their dispute through arbitration instead of going to court.
As duas empresas concordaram em resolver sua disputa através de arbitragem em vez de ir a tribunal.
2. the act or process of judging or deciding a matter in dispute
The arbitration of the labor dispute took six months to complete.
A arbitragem da disputa trabalhista levou seis meses para ser concluída.
3. in sports, the act of making decisions on rules and fair play during a game or competition
The referee's arbitration of the match was widely criticized by fans.
A arbitragem do árbitro na partida foi amplamente criticada pelos torcedores.
Arbitration is increasingly popular in Brazil and Portugal as a faster, more cost-effective alternative to traditional court litigation. In the USA, arbitration clauses are common in employment contracts and consumer agreements. International arbitration (through bodies like ICC or UNCITRAL) is particularly important for resolving cross-border commercial disputes.
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