Mediation

Definition

• A method for resolving a dispute using a neutral third party (a "mediator") who works to resolve the differences of those in the dispute. A mediator cannot make a binding decision, whereas an arbitrator can.

Synonyms
third party mediator, agreement aid, negotiation, outside help, intervention

Related Terms and Acronyms

• Arbitration — Definition,
  • A dispute-resolution method in which an impartial third party, agreed upon by all sides beforehand, makes a decision.
• Judgement — Definition,
  • A determination by a court of law or a judicial decision.