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Legal Definitions - arbitrament and award

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Definition of arbitrament and award

Definition:Arbitrament and award is a plea that a matter has already been decided in arbitration.

Example: In a legal case, one party may argue that the matter at hand has already been resolved through arbitration and therefore cannot be brought to court again.

Explanation: Arbitration is a process where a neutral third party, called an arbitrator, hears both sides of a dispute and makes a decision. If a matter has already been decided through arbitration, it cannot be brought to court again. The plea of arbitrament and award is used to prevent a case from being heard in court if it has already been resolved through arbitration.

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Simple Definition

Arbitrament and Award: This is when people agree to have someone else decide a disagreement between them. This person is called an arbitrator. After hearing both sides, the arbitrator makes a decision called an award. If someone tries to bring up the same disagreement again, they can be told that it has already been decided in arbitration.

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