verb to act as an impartial judge in order to settle a dispute
In the field of law, 'arbitrate' refers to the process of resolving disputes between parties through an impartial third party, known as an arbitrator.
In business, 'arbitrate' is used to describe the act of settling disagreements or conflicts between companies or individuals through a neutral arbitration process.
In the realm of international relations, 'arbitrate' may refer to the use of arbitration to settle disputes between countries or international organizations.
In labor relations, 'arbitrate' is commonly used to describe the process of resolving disputes between employers and employees through arbitration.
In the publishing industry, a writer may need to arbitrate disputes between authors and publishers over contract terms or royalties.
Psychologists may be called upon to arbitrate conflicts between colleagues in the workplace or to help mediate disputes between clients and service providers.
Lawyers often serve as arbitrators in legal disputes, helping parties come to a resolution outside of court.
Human resources managers may need to arbitrate conflicts between employees, ensuring fair and equitable resolutions.
Business consultants may be hired to arbitrate disagreements between partners or stakeholders in a company, helping to find mutually beneficial solutions.