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arbitraje

arbitration

noun ahr-bee-TRAH-heh Rare

Origin: From French arbitrage, from Latin arbiter (judge).

Also means

refereeing

Usage Note

Arbitraje has two main uses: legal/financial arbitration (arbitraje internacional, settling disputes outside court) and sports refereeing (el arbitraje del partido fue cuestionado). In finance it also means arbitrage — exploiting price differences between markets — though arbitraje financiero clarifies the sense. The person is an árbitro (referee/arbitrator).

Examples

"El conflicto se resolvió mediante arbitraje."

Natural Translation

The conflict was resolved through arbitration.

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