Usually means: Formal resolution process outside court.
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We found 56 dictionaries that define the word arbitration:

General (25 matching dictionaries)
  1. arbitration: Merriam-Webster.com
  2. arbitration: Oxford Learner's Dictionaries
  3. arbitration: American Heritage Dictionary of the English Language
  4. arbitration: Collins English Dictionary
  5. arbitration: Vocabulary.com
  6. Arbitration, arbitration: Wordnik
  7. arbitration: Cambridge Advanced Learner's Dictionary
  8. arbitration: Wiktionary
  9. arbitration: Webster's New World College Dictionary, 4th Ed.
  10. arbitration: The Wordsmyth English Dictionary-Thesaurus
  11. arbitration: Infoplease Dictionary
  12. arbitration, the arbitration: Dictionary.com
  13. arbitration: Cambridge Essential American English Dictionary
  14. Arbitration, The Arbitration: Wikipedia, the Free Encyclopedia
  15. Arbitration: Online Plain Text English Dictionary
  16. arbitration: Webster's Revised Unabridged, 1913 Edition
  17. arbitration: Rhymezone
  18. Arbitration: AllWords.com Multi-Lingual Dictionary
  19. arbitration: Webster's 1828 Dictionary
  20. arbitration: Free Dictionary
  21. arbitration: Mnemonic Dictionary
  22. arbitration: LookWAYup Translating Dictionary/Thesaurus
  23. arbitration: Dictionary/thesaurus

Business (25 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. arbitration: Webster's New World Finance & Investment Dictionary
  3. arbitration: Webster's New World Law Dictionary
  4. Duhaime's Canadian law dictionary (No longer online)
  5. arbitration: Law.com Dictionary
  6. Everybody's Legal Dictionary (No longer online)
  7. DS Dictionary (No longer online)
  8. Travel Industry Dictionary (No longer online)
  9. INVESTORWORDS (No longer online)
  10. THE 'LECTRIC LAW LIBRARY'S REFERENCE ROOM (No longer online)
  11. Arbitration: DivorceNet.com (Annotated Divorce Law Dictionary)
  12. Glossary of Legal Terms (No longer online)
  13. Construction Term Glossary (No longer online)
  14. Arbitration: Futures and Options Market Terminology
  15. Bouvier's Law Dictionary 1856 Edition (No longer online)
  16. Arbitration: Investopedia
  17. Comprehensive Financial (No longer online)
  18. Arbitration: INSOLVENCY
  19. Arbitration: Securities Terminology
  20. arbitration: Legal dictionary
  21. arbitration: Financial dictionary
  22. Glossary of Labor & Legal Terminology (No longer online)
  23. Glossary of Labor Relations Terms (No longer online)
  24. BusinessDictionary.com (No longer online)
  25. Yahoo Tax Center Glossary (No longer online)

Computing (1 matching dictionary)
  1. arbitration: Encyclopedia

Miscellaneous (2 matching dictionaries)
  1. arbitration: Political
  2. Conflict Resolution Glossary (No longer online)

Religion (1 matching dictionary)
  1. Arbitration: Catholic Encyclopedia

Slang (1 matching dictionary)
  1. arbitration: Urban Dictionary

Tech (1 matching dictionary)
  1. Arbitration: Latitude Mexico

(Note: See arbitrational as well.)

Definitions from Wiktionary (
)
American English Definition British English Definition
noun:  The act or process of arbitrating.
noun:  A process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute.
noun:  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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