| 释义 |
arbitration clause
Thesaurus| Noun | 1. |  arbitration clause - a clause in a contract providing for arbitration of disputes arising under the contractclause, article - a separate section of a legal document (as a statute or contract or will)contract - a binding agreement between two or more persons that is enforceable by law |
Arbitration Clause
Arbitration ClauseA clause in a contract stating that, in the event of a dispute, parties shall follow an extrajudicial means of resolution in which they make their cases before an impartial person or panel. The clause may also indicate the specific process the parties shall follow in the event of arbitration. The clause is intended to save both parties the time and expense of a lawsuit.arbitration clause
Words related to arbitration clausenoun a clause in a contract providing for arbitration of disputes arising under the contractRelated Words |