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Arbitration: Arbitration, a form of alternative dispute resolution , is a way to resolve disputes outside the courts. The dispute will be decided by one or more persons (the 'arbitrators', 'arbiters' or 'arbitral tribunal'), which renders the 'arbitration award'.
Arbitration Committee (Wikimedia Foundation): An Arbitration Committee is a binding dispute resolution panel of editors used on several projects of the Wikimedia Foundation. The first project to use an arbitration committee, and the most widely covered, is the English Wikipedia.
Arbitration in the United States: Arbitration, in the context of United States law, is a form of alternative dispute resolution. Specifically, arbitration is an alternative to litigation through which the parties to a dispute agree to submit their respective positions to a neutral third party (the arbitrator(s) or arbiter(s)) for resolution.
Arbitration clause: An arbitration clause is a clause in a contract that requires the parties to resolve their disputes through an arbitration process. Although such a clause may or may not specify that arbitration occur within a specific jurisdiction, it always binds the parties to a type of resolution outside the courts, and is therefore considered a kind of forum selection clause.
Arbitration award: An arbitration award is a determination on the merits by an arbitration tribunal in an arbitration, and is analogous to a judgment in a court of law. It is referred to as an 'award' even where all of the claimant's claims fail (and thus no money needs to be paid by either party), or the award is of a non-monetary nature.