Arbitration (and arbitration clause)

ARBITRATION (AND ARBITRATION CLAUSE),

What is The Definition of ARBITRATION (AND ARBITRATION CLAUSE)?

ARBITRATION (AND ARBITRATION CLAUSE) means: Most policies provide a mechanism for resolving disputes between the insurer and the company if the amount of the loss cannot be agreed upon. The usual procedure is to select a qualified and undeserving person for each party, who then chooses a third party to mediate. The company and the insurer had previously agreed that the arbitrator's decision was binding. (See neutral sections).

Literal Meanings of ARBITRATION (AND ARBITRATION CLAUSE)

ARBITRATION:

Meanings of ARBITRATION:
  1. Use of mediators to resolve disputes.

Sentences of ARBITRATION
  1. The Tieside Regional Council requested mediation to resolve the dispute

Synonyms of ARBITRATION

peacebuilding, peacemaking, mediation, intervention, negotiation, conciliation, adjudication, interceding, interposition, mediatorship

AND:

Meanings of AND:
  1. It is used to join words in the same part of the language, sentence or phrase that needs to be included.

  2. It is used to offer additional comments or penalties.

  3. It is used to indicate intention after some verb and before other verb instead of "to".

  4. Boolean operator that returns one only if all operations are one and vice versa with a value of zero.

Synonyms of AND

and, as well as, added to, also, besides, with, including, along with, not to mention, coupled with, too, together with, in addition to

CLAUSE:

Meanings of CLAUSE:
  1. In traditional grammar, just below the sentence and a unit of grammatical organization that must contain an article and a prediction.

  2. Articles, terms or reservations are specific and differ in agreement, law or agreement.

Sentences of CLAUSE
  1. In the above sentence, the two clauses are connected by string instead of matching.

  2. Contracts usually choose the terms of the law that define the applicable law.

Synonyms of CLAUSE

note, turn of phrase, part, idiom, term, paragraph, passage, set phrase, word group, phrasal verb, locution, heading, expression, article, clause, point, phrasal idiom, idiomatic expression, item, wording, subsection