arbitrator

Definition

A private, neutral person chosen to arbitrate a disagreement, as opposed to a court of law. An arbitrator could be used to settle any non-criminal dispute, and many business contracts make provisions for an arbitrator in the event of a disagreement. Generally, resolving a disagreement through an arbitrator is substantially less expensive than resolving it through a court of law.

Use arbitrator in a sentence

You may want to bring on an arbitrator if you are having a dispute that can not get resolved on its own.

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I was the arbitrator in the argument and that was good because I was always good at getting both sides to agree.

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The arbitrator replaced the mediator we had planned on using as we had to choose an unknown individual to ensure there was no bias.

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arbitration Certified Divorce Financial Analyst (CDFA)