arbitrationn.

/ɑːbɪˈtreɪʃən/

Etymology: < Old French arbitracion, -tion, < Latin arbitrātiōn-em , noun of action < arbitrāt- : see arbitrate v. and -tion suffix.

†1. A deciding according to one's will or pleasure; uncontrolled or absolute decision. Obsolete.

ΘΚΠ

the mind > attention and judgement > judgement or decision > [noun] > absolute

arbitrationc1386

the mind > will > wish or inclination > [noun] > uncontrolled exercise of

arbitrationc1386

discretion1399

arbitramentc1400

arbitrariness1643

arbitrariousness1808

c1386 G. Chaucer Melibeus ⁋787 That a man..putte hym al outrely in the arbitracion and Iuggement..of hise enemys.

c1475 (?c1400) Apol. Lollard Doctr. (1842) 63 He demiþ after þe lawe, & doþ no þing aftur his oune arbitracoun.

1651 T. Hobbes Philos. Rudim. vii. §4. 113 The arbitration of War, and Peace.

a. The settlement of a dispute or question at issue by one to whom the conflicting parties agree to refer their claims in order to obtain an equitable decision.

ΘΚΠ

the mind > attention and judgement > judgement or decision > settlement of dispute, arbitration > [noun]

daying1447

arbitrage1480

dayment1519

umpirage1519

arbitry1535

awardshipc1547

arbitrament1549

settling1553

umpireship1565

arbitrating1648

daysmanship1649

arbitrationa1661

settlement1777

umpirism1792

adjudicature1859

society > society and the community > dissent > absence of dissension or peace > bringing about concord or peace > [noun] > settling quarrels or disputes > arbitration

compromise1479

arbitrage1480

umpirage1519

arbitrament1549

arbitrating1648

arbitrationa1661

umpirism1792

a1661 W. Brereton Trav. (1844) 8 To mediate in a friendly manner in a way of arbitration.

a1716 O. Blackall Wks. (1723) I. xii. 109 To put their Differences to the Arbitration of some of their Brethren.

1840 T. B. Macaulay Ld. Clive 45 To submit the points in dispute to the arbitration of Meer Jaffier.

b. attributive, as in arbitration bond, arbitration rate, etc.

ΚΠ

1768 W. Blackstone Comm. Laws Eng. iii. i Arbitration-bond..a bond entered into by two or more parties to abide by the decision of an arbitrator.

1878 F. S. Williams Midland Railway (ed. 4) 212 Running powers over the line at arbitration rates.

3. Arbitration of Exchange (cf. French arbitrage in same sense): The determination of the rate of exchange to be obtained between two countries or currencies, when the operation is conducted through a third or several intermediate ones, in order to ascertain the most advantageous method of drawing or remitting bills.

ΘΚΠ

society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing > rate of exchange > determination of

Arbitration of Exchange1811

Exchange Rate Mechanism1978

ERM1982

1811 P. Kelly Universal Cambist (1821) II. 108 In the foregoing questions, the profit or loss is ascertained on an operation already completed: but in arbitration it is ascertained beforehand, and the different results are compared in order to determine the most advantageous mode of proceeding.

1844 Pract. Arith. (Sc. Schoolbk. Assoc.) Arbitration of Exchange is, when the rates of exchange between three or more places are given, to find a proportionate rate between the first and last.

1852 J. R. McCulloch Dict. Commerce 581 In compound arbitration, or when more than 3 places are concerned.

1866 A. Crump Pract. Treat. Banking vii. 146 A circuitous mode of payment..called the ‘arbitration of exchanges.’

This entry has not yet been fully updated (first published 1885; most recently modified version published online December 2021).

单词	arbitration
释义	arbitrationn. /ɑːbɪˈtreɪʃən/ Etymology: < Old French arbitracion, -tion, < Latin arbitrātiōn-em , noun of action < arbitrāt- : see arbitrate v. and -tion suffix. †1. A deciding according to one's will or pleasure; uncontrolled or absolute decision. Obsolete. ΘΚΠ the mind > attention and judgement > judgement or decision > [noun] > absolute arbitrationc1386 the mind > will > wish or inclination > [noun] > uncontrolled exercise of arbitrationc1386 discretion1399 arbitramentc1400 arbitrariness1643 arbitrariousness1808 c1386 G. Chaucer Melibeus ⁋787 That a man..putte hym al outrely in the arbitracion and Iuggement..of hise enemys. c1475 (?c1400) Apol. Lollard Doctr. (1842) 63 He demiþ after þe lawe, & doþ no þing aftur his oune arbitracoun. 1651 T. Hobbes Philos. Rudim. vii. §4. 113 The arbitration of War, and Peace. 2. a. The settlement of a dispute or question at issue by one to whom the conflicting parties agree to refer their claims in order to obtain an equitable decision. ΘΚΠ the mind > attention and judgement > judgement or decision > settlement of dispute, arbitration > [noun] daying1447 arbitrage1480 dayment1519 umpirage1519 arbitry1535 awardshipc1547 arbitrament1549 settling1553 umpireship1565 arbitrating1648 daysmanship1649 arbitrationa1661 settlement1777 umpirism1792 adjudicature1859 society > society and the community > dissent > absence of dissension or peace > bringing about concord or peace > [noun] > settling quarrels or disputes > arbitration compromise1479 arbitrage1480 umpirage1519 arbitrament1549 arbitrating1648 arbitrationa1661 umpirism1792 a1661 W. Brereton Trav. (1844) 8 To mediate in a friendly manner in a way of arbitration. a1716 O. Blackall Wks. (1723) I. xii. 109 To put their Differences to the Arbitration of some of their Brethren. 1840 T. B. Macaulay Ld. Clive 45 To submit the points in dispute to the arbitration of Meer Jaffier. b. attributive, as in arbitration bond, arbitration rate, etc. ΚΠ 1768 W. Blackstone Comm. Laws Eng. iii. i Arbitration-bond..a bond entered into by two or more parties to abide by the decision of an arbitrator. 1878 F. S. Williams Midland Railway (ed. 4) 212 Running powers over the line at arbitration rates. 3. Arbitration of Exchange (cf. French arbitrage in same sense): The determination of the rate of exchange to be obtained between two countries or currencies, when the operation is conducted through a third or several intermediate ones, in order to ascertain the most advantageous method of drawing or remitting bills. ΘΚΠ society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing > rate of exchange > determination of Arbitration of Exchange1811 Exchange Rate Mechanism1978 ERM1982 1811 P. Kelly Universal Cambist (1821) II. 108 In the foregoing questions, the profit or loss is ascertained on an operation already completed: but in arbitration it is ascertained beforehand, and the different results are compared in order to determine the most advantageous mode of proceeding. 1844 Pract. Arith. (Sc. Schoolbk. Assoc.) Arbitration of Exchange is, when the rates of exchange between three or more places are given, to find a proportionate rate between the first and last. 1852 J. R. McCulloch Dict. Commerce 581 In compound arbitration, or when more than 3 places are concerned. 1866 A. Crump Pract. Treat. Banking vii. 146 A circuitous mode of payment..called the ‘arbitration of exchanges.’ This entry has not yet been fully updated (first published 1885; most recently modified version published online December 2021). < n.c1386
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