"Binding arbitration" refers to a process where two parties in a dispute agree to have a neutral third party make a final decision that both sides must accept. It is a legally binding resolution method that helps settle disagreements without going to court.
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«binding»
«arbitration»
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Sentences with «binding arbitration»
- These terms and conditions provide that all disputes shall be resolved by binding arbitration. (valoancaptain.com)
- The governor says he hopes to offer reforms of the entire binding arbitration process at a later date. (wamc.org)
- The unions and municipalities could both agree to opt out of binding arbitration and seek a resolution from the financial restructuring board instead. (wamc.org)
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