Dictionary of Legal Terms
Arbitration Institution
Definition
An institution chosen by the disputing parties to render a decision regarding a specific dispute; the institution may also provide binding opinions regarding a specific legal relationship in the event that a dispute has not yet arisen.
Categories
Arbitrase & ADR
Examples
- Contoh: Para pihak memilih lembaga arbitrase untuk menyelesaikan sengketa secara efisien.
Synonyms
No synonyms.
Sources
-
Rujukan umum: arbitrase, mediasi, dan ADR
Related terms
No related terms.
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