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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.

A good lawyer knows the law; a great lawyer knows the judge.

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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.

Ethics is knowing the difference between what you have a right to do and what is right to do.

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