Translation of "arbitration" into Georgian

არბიტრაჟი is the translation of "arbitration" into Georgian.

arbitration noun grammar

In general, a form of justice where both parties designate a person whose ruling they will accept formally. More specifically in Market Anarchist (market anarchy) theory, arbitration designates the process by which two agencies pre-negotiate a set of common rules in anticipation of cases where a customer from each agency is involved in a dispute. [..]

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English-Georgian dictionary

  • არბიტრაჟი

    A process through which two or more parties designate a third party whose ruling they will accept formally.

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