Remedy vs Arbitration - What's the difference?
remedy | arbitration |
Something that corrects or counteracts.
(legal) The legal means to recover a right or to prevent or obtain redress for a wrong.
A medicine, application, or treatment that relieves or cures a disease.
* 1856 : (Gustave Flaubert), (Madame Bovary), Part III Chapter X, translated by Eleanor Marx-Aveling
To provide or serve as a remedy for.
* 1748 . David Hume. Enquiries concerning the human understanding and concerning the principles of moral. London: Oxford University Press, 1973. ยง 27.
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.
As nouns the difference between remedy and arbitration
is that remedy is something that corrects or counteracts while arbitration is the act or process of arbitrating.As a verb remedy
is to provide or serve as a remedy for.remedy
English
(wikipedia remedy)Noun
(remedies)- He said to himself that no doubt they would save her; the doctors would discover some remedy surely. He remembered all the miraculous cures he had been told about. Then she appeared to him dead. She was there; before his eyes, lying on her back in the middle of the road. He reined up, and the hallucination disappeared.
Derived terms
* remedilessVerb
- Nor is geometry, when taken into the assistance of natural philosophy, ever able to remedy this defect,