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Possible definitions for arbitrational

arbitration
Process of resolving a dispute or a grievance outside the court system by presenting it to an impartial third party or panel for a decision. Both sides usually must agree in advance as to the choice of arbitrator and must certify that they will abide by the arbitrator's decision. In medieval Europe it was used to settle disputes between merchants; today it is commonly used in commercial, labor-management, and international disputes. The procedures differ from those used in the courts, especially regarding burden of proof and presentation of evidence. Arbitration avoids costly litigation and offers a relatively speedy resolution as well as privacy for the disputants. The disadvantage is that setting guidelines is difficult; therefore the outcome is often less predictable than a court decision. See also mediation.

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