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Terminology

Arbitration glossary

Concise definitions with links to a fuller explanation of each concept.

Arbitration

Resolution of a dispute by an arbitral tribunal and the making of an award.

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Arbitrator

An individual selected or appointed to decide a dispute.

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Arbitral tribunal

The sole arbitrator or panel hearing the dispute.

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Arbitration agreement

An agreement to submit specified existing or future disputes to arbitration.

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Arbitration clause

An arbitration agreement included as a clause in a contract.

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Ad hoc

Arbitration for a particular dispute without general institutional administration.

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Administration

Organisational support for arbitration within the applicable legal framework.

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Arbitrability

The legal eligibility of a category of dispute for arbitration.

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Jurisdiction

The tribunal’s authority to decide a particular dispute.

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Seat of arbitration

The legal home of the arbitration, relevant to the governing framework and court supervision.

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Hearing venue

The physical location of a particular hearing.

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Independence

Assessment of relationships and circumstances relevant to an arbitrator’s autonomy.

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Impartiality

Absence of bias towards a party or the subject matter of the dispute.

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Disclosure

Communicating circumstances that may give rise to justifiable doubts about independence or impartiality.

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Arbitral award

The tribunal’s decision on the claims within its jurisdiction.

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Writ of execution

A state court instrument supporting compulsory execution under the law.

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Recognition

Giving an award legal effect in a jurisdiction under the applicable rules.

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Setting aside

A procedure challenging an award before the competent state court.

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Public policy

Fundamental legal principles considered by the court within the applicable legal framework.

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New York Convention

The 1958 Convention on the Recognition and Enforcement of Foreign Arbitral Awards.

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