Ruling vs Arbitration - What's the difference?
ruling | arbitration |
That rules; predominant; chief; reigning; controlling.
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 ruling and arbitration
is that ruling is an order or a decision on a point of law from someone in authority while arbitration is the act or process of arbitrating.As an adjective ruling
is that rules; predominant; chief; reigning; controlling.As a verb ruling
is .ruling
English
Adjective
(head)- the ruling monarch
- a ruling passion