arbitral
Adjective
Meaning
Of or relating to an arbiter or an arbitration.
Source: Webster's dictionarySynonyms
Antonyms
Show all antonymsPhrases with the word
Examples
the arbitral adjustment of the controversy
an arbitrational settlement
An example of exceeding arbitral authority might be awarding one party to a dispute the personal automobile of the other party when the dispute concerns the specific performance of a business-related contract.
Both courts and arbitral tribunals can make binding decisions.
Skipping to the final awards of 2014, the Arbitral Tribunal sitting in The Hague concluded that “Russian courts bent to the will of Russian executive authorities to bankrupt Yukos, assign its assets to a State-controlled company.”
Parties to arbitration have to pay the expenses of the arbitral tribunal set up to hear the case, including the salary of the arbitrators, registry and administrative functions, but not including overhead of the organization).