arbitration

{
  "id": "MLC-T-LAW-000016",
  "term": "arbitration",
  "field": "Law",
  "definition": "A form of alternative dispute resolution in which an arbitrator (a neutral decision maker) issues a judgment on the legal issues involved in a case after listening to presentations by each party. Arbitration can be binding or nonbinding, depending on the agreement among the parties before the proceeding.",
  "references": [
    "U.S. Courts Glossary of Legal Terms"
  ],
  "url": "https://mlchart.com/terminology/law/arbitration/"
}