Definitions

1. noun

a person officially appointed to settle a dispute or conflict between two or more parties

“The court appointed an arbitrator to resolve the labor dispute between the company and the union.”

2. noun

a person who acts as an intermediary or mediator in a dispute or negotiation

“The two business partners agreed to let a neutral arbitrator help them reach a settlement.”

3. verb

to act as an arbitrator or settle a dispute

“The two parties decided to arbitrate their differences and come to a mutually beneficial agreement.”