Arbitrator Legal Meaning and Definition

Here is a simplified definition of the legal term Arbitrator.

Arbitrator (noun)

An arbitrator refers to a neutral third party chosen to settle disputes between two or more parties. The arbitrator reviews the evidence presented by all parties involved, listens to their arguments, and then makes a decision (known as an arbitration award) to resolve the conflict. Arbitrators are often used in alternative dispute resolution processes, such as arbitration, to avoid lengthy and costly court proceedings. Their decisions can be legally binding, depending on the terms decided beforehand. The term mentioned in the context, Attorney General, is a different legal role, serving as a government's chief legal advisor and chief law enforcement officer.