Arbitration Clause
/ˌɑːrbɪˈtreɪʃən klɔːz/
Definitions
- (n.) A contractual provision requiring the parties to resolve disputes through arbitration rather than litigation.
The arbitration clause in the contract mandates that all disputes be settled by an arbitrator.
Forms
- arbitration clauses
Related terms
See also
Commentary
Arbitration clauses are critical in contracts to avoid court litigation and steer parties towards private dispute resolution, often requiring clear drafting to specify scope and enforceability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.