"Mandatory arbitration" means that a person or company is legally required to use a private process, instead of going to court, to resolve any disputes or conflicts that may arise. Full definition
Many financial companies include mandatory arbitration agreements in their contracts with consumers. (policygenius.com)
Our county police officers each cost us close to $ 200,000 a year in salary, benefits and pension payments because of mandatory arbitration. (nypost.com)