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arbitration - Meaning in Hindi

IPA: ɑrbɪtreɪʃənHindi: आर्बिट्रेशन / आर्बिट्रैशन

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arbitration - Meaning in Hindi

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Definitions and Meaning of arbitration in English

arbitration noun

  1. the act of deciding as an arbiter; giving authoritative judgment

    Synonyms

    arbitrament, arbitrement

    विवाचन

    Example

    • "they submitted their disagreement to arbitration"
  2. (law) the hearing and determination of a dispute by an impartial referee agreed to by both parties (often used to settle disputes between labor and management)

Description

Arbitration is a formal method of alternative dispute resolution (ADR) involving a neutral third party who makes a binding decision. The dispute will be decided by one or more persons, which renders the 'arbitration award'. An arbitration decision or award is legally binding on both sides and enforceable in the courts, unless all parties stipulate that the arbitration process and decision are non-binding.

माध्‍यस्‍थम (arbitration) एक वैकल्पिक विवाद समाधान प्रक्रम है जिसमें पक्षकर किसी तीसरे व्‍यक्ति के हस्‍तक्षेप के माध्‍यम से तथा न्‍यायालय का सहारा लिए बिना अपने विवादों का निपटान करवाते हैं। यह ऐसी विधि है जिसमें विवाद किसी नामित व्‍यक्ति के सामने रखा जाता है जो दोनों पक्षों को सुनने के पश्‍चात अर्ध-न्‍यायिक तरीके से मसले का निर्णय करता हैं। उदाहरणार्थ 'पंच' या 'पंचायत' को कोई विवाद संदर्भित करना माध्‍यस्‍थम का एक रूप है। सामान्‍यत:, विवादकारी पक्ष अपना मामला किसी माध्‍यस्‍थम न्‍यायाधिकरण को संदर्भित करते हैं तथा न्‍यायाधिकरण द्वारा लिया गया निर्णय 'अवार्ड' कहलाता है। माध्‍यस्‍थम का प्रयोग मुख्‍यत: व्‍यापार क्षेत्रों में किया जाता है जैसे निर्माण परियोजनाएं, नौवहन तथा संवहन, पेटेंट, कारोबार चिह्न तथा ब्रांड, वित्तीय सेवाएं जिनमें बैंकिंग तथा बीमा शामिल है, विदेशी सहयोग, भागीदारी विवाद इत्यादि।

Also see "Arbitration" on Wikipedia

What is arbitration meaning in Hindi?

The word or phrase arbitration refers to the act of deciding as an arbiter; giving authoritative judgment, or (law) the hearing and determination of a dispute by an impartial referee agreed to by both parties (often used to settle disputes between labor and management). See arbitration meaning in Hindi, arbitration definition, translation and meaning of arbitration in Hindi. Find arbitration similar words, arbitration synonyms. Learn and practice the pronunciation of arbitration. Find the answer of what is the meaning of arbitration in Hindi. देखें arbitration का हिन्दी मतलब, arbitration का मीनिंग, arbitration का हिन्दी अर्थ, arbitration का हिन्दी अनुवाद।

Tags for the entry "arbitration"

What is arbitration meaning in Hindi, arbitration translation in Hindi, arbitration definition, pronunciations and examples of arbitration in Hindi. arbitration का हिन्दी मीनिंग, arbitration का हिन्दी अर्थ, arbitration का हिन्दी अनुवाद

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