COMPULSORY ARBITRATION Meaning and
Definition
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Compulsory arbitration is a legal process in which disputes between two parties, typically employers and employees, are required by law to be resolved through arbitration rather than going to court. It is a method of dispute resolution that is mandated and enforced by the government, making it obligatory for both parties to engage in the arbitration process.
In compulsory arbitration, a neutral and unbiased third party, known as an arbitrator, is appointed to facilitate the resolution of the dispute. The arbitrator evaluates the evidence and arguments presented by both sides and renders a binding decision. This decision is legally enforceable and must be adhered to by both parties involved.
The purpose of compulsory arbitration is to provide a more expedient and cost-effective alternative to litigation, as it avoids the lengthy legal proceedings associated with traditional court cases. It is commonly used in situations where a strike or lockout threatens the public interest or disrupts essential services, or when labor disputes arise in industries such as transportation, telecommunications, or healthcare.
While compulsory arbitration can help ensure a fair and final resolution to disputes, some critics argue that it limits the parties' autonomy and ability to have their cases heard in court. Others maintain that it can offer a more efficient and specialized approach to resolving conflicts between employers and employees. Overall, compulsory arbitration is a mechanism imposed by the legal system to resolve disputes through binding and enforceable decisions made by an appointed arbitrator.
Common Misspellings for COMPULSORY ARBITRATION
- xompulsory arbitration
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- dompulsory arbitration
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- ckmpulsory arbitration
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- conpulsory arbitration
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- comoulsory arbitration
- comlulsory arbitration
- com0ulsory arbitration
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- comphlsory arbitration
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- compilsory arbitration
Etymology of COMPULSORY ARBITRATION
The word "compulsory" originates from the Latin word "compulsus", which is the past participle of "compellere", meaning "to compel" or "to force". It became a part of the English language in the 16th century.
The term "arbitration" is derived from the Latin word "arbitratio", which means "judgment" or "decision". It comes from the verb "arbitrari", which means "to consider" or "to arbitrate". The word "arbitration" was first recorded in the English language in the 15th century, adopting the meaning of a legal process of settling disputes.
When these two words are combined, "compulsory arbitration" refers to a process in which the parties involved in a dispute are required, or compelled, to submit to arbitration instead of pursuing legal action through the courts.
