Legal Definitions from Termly’s Legal Experts

Arbitration

Arbitration definition (noun)

Arbitration is an alternative dispute resolution process that takes place outside of court. In arbitration, an agreed-upon, neutral third party (the arbitrator) reviews the case and hears from both sides before making final decisions about the dispute. These decisions are legally binding.

Arbitration can only take place if both parties have consented to it.

Appears in: Terms and Conditions and Disclaimers

Generate Free Terms and Conditions

Legal Definitions from Termly’s Legal Experts

Related Legal Terms

Affiliate Disclaimer Affiliate Program Limitation of Liability Intellectual Property Fair Use Disclaimer Confidentiality Disclaimer Investment Disclaimer Intellectual Property Fair Use Disclaimer Third Party View more >

Related FAQs

What is a disclaimer on YouTube? Does a disclaimer need to be notarized? How do you write a product disclaimer? What do I write in the copyright footer? Is a copyright notice necessary? Where can I upload my privacy policy? What is the copyright disclaimer under Section 107? What do I write in the copyright footer? What is a medical disclaimer? Where do you put a disclaimer? View more >

Trusted by Thousands

Trusted by thousands of companies worldwide, Termly’s intuitive software generates legal policies and handles consent management for any business in minutes.

Try Termly’s Compliance Solutions For Free!

Get Compliant

Raffaele, Head of Marketing & Partnerships @ Termly

Termly allows our users to focus more on their business instead of spending countless hours figuring out data privacy compliance. - Raffaele, Head of Marketing & Partnerships @ Termly