De arbitrage
Example: De arbitrage helpt bij het oplossen van geschillen tussen partijen.
Definition
"De arbitrage" refers to the process of resolving disputes between parties outside of traditional court systems, often through the decision of one or more arbitrators. It serves as an alternative legal method to settle conflicts efficiently and privately.
Etymology
The term "de arbitrage" originates from the French word 'arbitrage,' which itself comes from the Latin 'arbiter,' meaning a judge or umpire. Did you know that the concept has been used since ancient times to describe impartial judgment outside formal court rulings?
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"De arbitrage" appears in the Vocaplus list "Dutch - Law - (A1-C2) - set 1", containing 125 commonly used words.
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