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Arbitration vs Undefined - What's the difference?

arbitration | undefined |

As a noun arbitration

is the act or process of arbitrating.

As an adjective undefined is

lacking a definition or value.

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

    External links

    * *

    undefined

    English

    Adjective

    (wikipedia undefined) (-)
  • Lacking a definition or value.
  • (mathematics, computing) That does not have a meaning and is thus not assigned an interpretation.
    • The result of division by zero is undefined .

    Antonyms

    * defined