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Prospectus vs Arbitration - What's the difference?

prospectus | arbitration |

As nouns the difference between prospectus and arbitration

is that prospectus is a document, distributed to prospective members, investors, buyers or a business and what it has to offer while arbitration is the act or process of arbitrating.

prospectus

English

Noun

(en-noun)
  • A document, distributed to prospective members, investors, buyers or a business and what it has to offer.
  • A document which describes a proposed endeavor (venture, undertaking), such as a literary work (which one proposes to write).
    • ----

    arbitration

    English

    Noun

  • The act or process of arbitrating.
  • A process through which two or more parties use an arbitrator or arbiter in order to resolve a dispute.
  • In general, a form of justice where both parties designate a person whose ruling they will accept formally. More specifically in Market Anarchist (market anarchy) theory, arbitration designates the process by which two agencies pre-negotiate a set of common rules in anticipation of cases where a customer from each agency is involved in a dispute.

    • Related terms

    () * arbiter * arbitrable * arbitrage * arbitrary * arbitrate * arbitrator

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