arbitration
/ˌɑːr.bɪˈtreɪ.ʃən/
Definition
A process of settling a legal dispute outside of the traditional court system, often involving a neutral third party whose decision is binding.
Etymology
Derived from the Latin 'arbitratus,' meaning 'judgment' or 'will,' which itself comes from 'arbiter,' meaning 'an eyewitness' or 'judge.' It entered Middle English via Old French to denote the act of settling a disagreement through an impartial third party.
In the news
In the article's footer, readers must agree to arbitration as part of the terms of service, meaning they forfeit the right to sue the publisher in court for disputes. This is a common legal requirement for digital platforms to manage potential liability.
Want an AI-proof job? New research says you may be safer at companies embracing the technology
Read the full article ↗Los Angeles Times