arbitration agreement
C1CEFR level
65/100Rarity: rare
TechnicalRegister
The parties' agreement to submit present or future disputes to arbitration rather than to national courts.
The arbitration agreement was contained in clause 27 of the shareholders' agreement.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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